Business Groups Say Now’s the Time to Increase Gas Tax for Roads

The largest U.S. business lobby and the trucking industry joined forces to urge skeptical lawmakers to increase federal fuel taxes for the first time in a quarter century to raise money for crumbling roads and bridges.

The U.S. Chamber of Commerce and the American Trucking Associations put their proposals for higher gas levies before a House Transportation and Infrastructure subcommittee hearing Wednesday exploring long-term funding for highways and transit, saying the cost of inaction is greater.

“This is a once-in-a-generational opportunity for federal leadership to modernize America’s infrastructure,” said Ed Mortimer, the chamber’s executive director for transportation infrastructure. “Delay is not an option.”