Video: Federal Gas Tax Debate on CNBC: Cato's Jerry Taylor vs Tyson Slocum

CNBC and Cato Institute: Cato's Jerry Taylor Debates Tyson Slocum on the Federal Gas Tax on CNBC:

Why does the federal government need 18.4 cents from every gallon of gasoline you purchase? Shouldn't state and local governments be spending on transportation infrastructure?

During a time when people are less and less able to afford gasoline, Cato senior fellow Jerry Taylor and Public Citizen energy program director Tyson Slocum debate whether or not a gasoline tax is good for the economy, or for our fiscal habits.