American Road & Transportation Builders Association (ARTBA) President & CEO Pete Ruane issued the following statement about the House passage of its multi-year highway and transit bill:
“The U.S. House of Representatives accomplished something today that it has not done in a decade: passage of a highway and transit bill that is more than two years in duration. House Transportation & Infrastructure Committee Chairman Bill Shuster and Ranking Member Peter DeFazio deserve enormous credit for making it happen and in such a bipartisan manner.
“The Surface Transportation Reauthorization and Reform Act helps end the eight-year cycle of short-term funding patches. It contains important provisions that renew focus on roadway infrastructure safety, improve the speed and efficiency in which projects are completed, and increase transparency in how the public’s tax dollars are invested.
“The bill, however, does not provide close to the investment levels the federal government says are necessary to maintain, let alone, improve conditions on the nation’s highways, bridges, and transit systems. And it does not include a long-term revenue solution for the beleaguered Highway Trust Fund.
“We urge members of the House and Senate to increase the investment levels in the final proposal that emerges from the conference committee. Absent a permanent Highway Trust Fund fix, the measure should also establish a bicameral, congressional task force with deadlines and consequences for Congress to finally develop a long-term plan to stabilize highway and public transit funding. Only then will America be able to begin building an infrastructure network that drives economic growth and boosts competitiveness in a 21st century global marketplace.”
New York Times
A six-year transportation-funding bill valued at more than $300 billion passed the House on Thursday with a vote of 363-64. The measure, which includes reauthorization of the Export-Import Bank, will be reconciled with one that passed the Senate; a conference report is needed by Nov. 20. The House bill does not establish a permanent funding solution for the Federal Highway Trust Fund, and provides funds for only the first three years.
For the full New Your Times article: Click here