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Trump should raise the federal gas tax to help pay for infrastructure fixes, former Transportation Secretary Ray LaHood says

Trump should raise the federal gas tax to help pay for infrastructure fixes, former Transportation Secretary Ray LaHood says

*  President Trump should seize on post-midterm enthusiasm for an infrastructure deal, Ray LaHood, a Republican who served under Obama, tells CNBC.

*  LaHood calls on the president to get the GOP-controlled Senate to support ways to boost revenue to pay for it.

*  Democrats, who won control of the House in Tuesday's election, are ready to pass a "pretty big, bold bill," LaHood says.

CNBC.com
Matthew J. Belvedere
Updated 10:58 AM ET Thu, 8 Nov 2018

President Donald Trump should seize on the post-midterm enthusiasm for a bipartisan infrastructure deal by supporting ways to boost revenue to pay for fixing America's antiquated roads, bridges and airports, former Transportation Secretary Ray LaHood told CNBC on Thursday.

Trump should "persuade Republicans in the Senate that they're going to have to pass some kind of revenue-raiser," said LaHood, a Republican former congressman who served under Democratic President Barack Obama.

While Democrats won control of the House in Tuesday's voting, Republicans added to their majority in the Senate, which would need to sign on to any plans that come out of the House. However, the GOP is still short of the 60-vote threshold to overcome a filibuster in the Senate and would need Democratic support to pass most legislation... FULL ARTICLE

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