Grassley Opposes Federal Gas Tax Increase

Statement

Date: May 26, 2010
Location: Washington, DC
Issues: Oil and Gas Taxes

Senator Grassley issued the following statement about his opposition to higher gas taxes.

"I'm not voting for pending legislation in Congress that contains an oil tax increase. I oppose that bill. It would add $134 billion to the federal deficit. And, I've long opposed federal gas tax increases. Given the disaster in the Gulf, new questions have arisen about the stability of the oil-trust fund, and I agree we need to look at how that can be addressed. A gas tax increase is not the way to address that problem, at all. As far as the oil spill clean-up, that's the responsibility of British Petroleum. BP will be held accountable for the clean-up costs, not American taxpayers."


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