President Donald Trump on Monday said he will explore the possibility of higher gasoline and diesel fuel taxes, suggesting an increase could pay for his ambitious infrastructure plan. That's been a problem area because fuel taxes have been unchanged since 1993 and created financial challenges for preserving the Highway Trust Fund. It's a rare tax increase that enjoys support from the businesses most likely to bear the higher costs. "The cost of doing nothing is more expensive than a higher fuel tax," said Chris Spears, president of the American Trucking Association. Raising fuel taxes has generally been opposed by Republican lawmakers at the state level.

Source: Fox News May 01, 2017 18:22 UTC