Skip to Content
Streetsblog San Francisco home
Streetsblog San Francisco home
Log In
Streetsblog USA

Flashback: Ronald Reagan Touts Gas Tax Hike, Transit Funding as Job Creators

video platform
video management
video solutions
video player

On January 6, 1983, the icon of the modern conservative movement, Ronald Reagan, signed legislation to raise the gas tax for the first time in more than two decades, devoting a portion of the revenue to transit.

We’ve been reading about this moment a lot, as the current GOP leadership in the House tries to undo Reagan’s legacy by eviscerating dedicated transit funding.

In this ABC News clip, you can see that Reagan touted the measure, a five cent gas tax increase, as an economic catalyst. It would raise $5.5 billion for transportation investment and result in 320,000 new jobs, the administration said. The measure even reserved one cent per gallon for transit, all for the cost of about $30 a year for the average driver.

Sounds like a win-win, right? After some initial resistance to the idea, Reagan eventually came around to that perspective, even if some special interest groups (truckers) didn’t.

What a difference 29 years makes.

Stay in touch

Sign up for our free newsletter

More from Streetsblog San Francisco

Commentary: Oakland Councilmember Bas Fails to Fix Estuary Channel Path

It's a matter of time before a cyclist or pedestrian is killed crossing Lake Merritt Boulevard or I-880's ramps and frontage roads because the channel path is blocked

July 26, 2024
See all posts