Currents - Energy Industry Insights - May 2019 #4

Spilman Thomas & Battle, PLLC

Trump Aides Try to Quash Tax Hike Rumors Amid Infrastructure Talks

"The White House is reassuring conservative leaders that it has no plans to hike the gas tax to help fund a massive infrastructure package that President Donald Trump hopes to negotiate with Congress."

Why this is important: Bipartisan cooperation in Washington, DC over an infrastructure bill in 2019 seems already difficult to sustain. While the April 2019 meeting between President Donald Trump, Speaker of the House Nancy Pelosi, and Senate Democratic Leader Chuck Schumer yielded positive sound bites and a tentative path forward on this long-discussed topic, the elephant still remaining in the room is how to pay for the rumored $2 trillion package...

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