Tax package includes $1.27 billion for 167, 509 & I-5 HOT lanes; assumes new Pierce Transit taxing authority
Updated 2:30 p.m. with more on projects. Updated with timeline for gas tax increases.
House Democrats today called for raising the gas tax by 5 cents this year and then gradually by another 5 cents over at least three years and raising a series of fees to pay for roads, ferries and other spending.
The biggest beneficiary would be the so-called Puget Sound Gateway, at $1.27 billion, the amount sought most recently by backers. The project combines an extension of state Route 167 between Puyallup and the Port of Tacoma with an extension of a similarly unfinished stretch of state …