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To Pay for Infrastructure Repairs, Obama Seeks Tax Changes
The New York Times: ST. PAUL, Minn. — Caught between a gridlocked Congress and a Highway Trust Fund that will soon be broke, President Obama on Wednesday urged lawmakers to overhaul corporate and business taxes to pay for repairing and replacing the nation’s aging roads, rails, bridges and tunnels.
Speaking at a cavernous renovated transit hub here, Mr. Obama avoided the politically treacherous solution that most transportation experts say is necessary in the short term: raising the federal gas tax that has been frozen at 18.4 cents per gallon for the past two decades. Officials said Mr. Obama opposes a gas-tax increase.
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