We agree with President Obama that federal funding of infrastructure projects is a great way to help spark the national economy and get Americans working.
But while the president now is focusing his energies on his plan to create a short-term federal infrastructure bank to funnel cash into projects, we have another, albeit old-fashioned, alternative: that Congress, with the president’s encouragement, pass a large, multiyear transportation funding program.
As American Trucking Associations President Bill Graves put it last week: "If the president wants to foster job creation through infrastructure spending, he should demand Congress pass a well-funded, multiyear bill with a focus on core highway programs that address critical regional and national transportation needs."
It all seems pretty simple to us.
Read the entire editorial at Transport Topics.