As gas prices drops, states under increased pressure to hike taxes to replenish transportation funds
Governors and legislatures across the country are considering increasing their state tax on gasoline, amid a combination of falling pump prices and depleted transportation-construction funds.
At least eight states have proposed increasing their gas tax, as Washington also looks for ways to find money for highway and transit projects.
Recently falling gas prices have made the situation more urgent. But state and federal coffers that pay for such projects have been moving deeper into the red for years as Americans drive less, vehicles are more fuel efficient and construction costs...