The federal gas tax of 18.4 cents per gallon has not increased since 1993, resulting in a 57% drop in its power to fund transportation needs.
Federal fuel taxes since 1956 have been directed to the Highway Trust Fund, which was created to help pay for a new interstate highway system. The fund continues to support federal contributions to highway construction and repair. Inflation, along with the impact of increased vehicle fuel efficiency, results in “recurring funding shortfalls,” according to the Peter G. Petersen Foundation.
Federal contributions fund only about a quarter of total spending. States also raise money through fuel taxes, but at least 28 states haven't raised their rates in the last decade.
The Congressional Budget Office estimates that even as nominal U.S. spending on infrastructure has risen 44% since 2003, spending after adjusting for inflation is down 9%.