The following statement is from ARTBA President & CEO Pete Ruane:
“I commend the Senate Environment & Public Works Committee for approving a six-year reauthorization of the federal highway program earlier today. The transportation construction industry is particularly pleased by the measure’s provisions to establish a dedicated freight program and to improve the transparency of how federal highway and bridge funds are utilized. These provisions will help focus federal resources on national economic needs and demonstrate to the American public the value they are receiving from investments in this area.
“It is now time for members of the House and Senate leadership, and the respective tax committees, to get serious about addressing the Highway Trust Fund’s recurring revenue shortfall. As this process moves forward, Congress needs to be clear there is nothing fiscally responsible about investment levels that fail to improve the conditions of the nation’s roads and bridges, or allow traffic congestion to get worse. Furthermore, it is totally irresponsible to repeatedly march the Highway Trust Fund to the brink of insolvency.
“We stand ready to work with members of both parties to establish a permanent revenue mechanism to support future highway, bridge and public transportation programs.”