By Keith Laing - 10/01/13 02:15 PM EDT
The last federal gas tax increase, a 4.3 cents-per-gallon hike, was passed under former President Clinton.
The 1993 gas tax is not the Clinton administration anniversary that most political observers are referencing on Tuesday with the federal government shutting down for the first since 1995.
O’Sullivan said lawmakers will have to act quickly to fix a shortfall in transportation funding that has reached approximately $20 billion after they reopen the government. The current transportation law, which spends about $54 billion per year on road and transit projects, is scheduled to expire in September 2014.
“LIUNA supports a bigger discussion and bolder vision of how our nation invests in critical infrastructure but that cannot preclude facing the reality that we currently invest in transportation through a mechanism which is poorly designed and has been frozen for 20 years,” O’Sullivan said. “Congress should consider options such as indexing or increasing the gas tax.”
Prior to Tuesday’s government shutdown, lawmakers had begun holding hearings about transportation funding in recent weeks.
The chairwoman of the Senate Environment and Public Works Committee, Barbara BoxerBarbara BoxerDems gain upper hand on budget Overnight Finance: Senate rejects funding bill as shutdown looms | Labor Dept. to probe Wells Fargo | Fed to ease stress test rules for small banks Funding bill rejected as shutdown nears MORE (D-Calif.), proposed switching from a gas tax that is paid at the pump by drivers to a fee on wholesale oil purchases.