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Larry Pressler on Energy & Oil

Former Republican Senator (SD)

 


Immediate increase of 12 cents per gallon in the gas tax

With Congress scrambling for fixes to highway funding because of the near-bankruptcy of the federal Highway Trust Fund, only one of the four U.S. Senate candidates is endorsing an increase in the gas tax.

The federal gas tax of 18.4 cents per gallon was last raised in 1993, and has lost more than a quarter of its purchasing power since that time. As vehicles become more fuel efficient and road construction becomes more expensive, the federal Highway Trust Fund is facing bankruptcy in May.

Former Sen. Larry Pressler, running as an independent, said he would vote for an immediate increase 12 cents per gallon in the gas tax.

"I know any tax increases are politically unpopular, but we absolutely must rebuild our nation's highways, and we cannot add any more to the national debt," Pressler said in a statement.

Two other candidates didn't rule out an increase in the gas tax, but said other solutions need to be tried first.

Source: Argus-Leader on 2014 South Dakota Senate debate , Aug 2, 2014

Voted YES on do not require ethanol in gasoline.

Funding a mandated percentage of market share for the use of ethanol in gasoline, to be funded b reducing NASA budget b $39 million..
Status: Table Motion Agreed to Y)50; N)50; VP decided YES
Reference: Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1995; Bill H.R. 4624 ; vote number 1994-255 on Aug 3, 1994

Other candidates on Energy & Oil: Larry Pressler on other issues:
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