Gas Tax Increase Is 'Long Overdue,' Rep. Blumenauer Says

The video discusses the importance of infrastructure, highlighting a recent incident in New York where trains were halted due to a power failure. It advocates for increasing the gas tax to fund infrastructure improvements, noting bipartisan support and the introduction of related legislation. The video also explores various financing methods, such as private activity bonds and water trust funds, and addresses challenges in passing infrastructure legislation, emphasizing the need for bipartisan cooperation.

What recent event in New York highlights the need for infrastructure investment?

• A highway closure

• A bridge collapse

• A power failure at Penn Station

• A water main break

Which organizations support the increase in the gas tax?

• National Education Association

• US Chamber of Commerce and AFL-CIO

• Environmental Protection Agency

• American Medical Association

What has been a major obstacle in Congress regarding infrastructure financing?

• Lack of public interest

• Opposition from environmental groups

• Refusal to hold hearings

• Insufficient state proposals

What are some alternative methods mentioned for financing infrastructure?

• Federal grants

• Increased property taxes

• Public-private partnerships

• Private activity bonds and water trust funds

What is needed to successfully pass infrastructure financing proposals?

• Higher taxes on luxury goods

• More state-level initiatives

• Bipartisan cooperation and presidential support

• Increased public awareness