KEY POINTS
  • Pete Buttigieg, the Transportation secretary, said a vehicle mileage tax could be on the table in infrastructure talks.
  • He contended that President Joe Biden's forthcoming plans to rebuild the nation's roads, bridges and waterways would lead to a net gain for the U.S. taxpayer.
  • "I'm hearing a lot of appetite to make sure that there are sustainable funding streams," Buttigieg said. A mileage tax "shows a lot of promise."

A vehicle mileage tax could be on the table in talks about how to finance the White House's expected multi-trillion-dollar infrastructure proposal, according to Transportation Secretary Pete Buttigieg.

Buttigieg, who spoke with CNBC's Kayla Tausche on Friday, also contended that President Joe Biden's forthcoming plans to rebuild the nation's roads, bridges and waterways would lead to a net gain for the U.S. taxpayer and not a net outlay.