Sept. 10 --The Senate Environment and Public Works Committee will examine a potential fuel tax increase as part of a Sept. 25 hearing to discuss the solvency of the Highway Trust Fund.
A committee aide confirmed the hearing, which has not been formally announced, to Bloomberg BNA Sept. 10. The witness list is still being finalized.
Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) has been a vocal supporter of the need to secure future financing for the trust fund. Boxer said June 4 she planned to propose a variety of funding options later this year.
The Highway Trust Fund relies on gas tax revenue to support federal highway and transit programs and will be insolvent by 2015, according to current Congressional Budget Office projections.
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