LaHood Wants To Raise Federal Gas Tax

Transportation Secretary Ray LaHood says Congress should consider raising the federal gas tax for the first time since 1993.

LaHood pledged to work with Congress on passing a five-year transportation bill in 2010. The current problem is that although about $500 billion in highway, bridge and transit needs have been identified, the federal gas tax — 18.4 cents a gallon for gasoline — can't generate that much revenue.

Here's the story from The Olympian.