August 24, 2019

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Infra deficit everywhere, where's the dollar fix?

This week two lobby groups called on the federal government to take necessary steps to fix infrastructure funding gaps.
Infra deficit everywhere, where's the dollar fix?

The Transportation Construction Coalition (TCC), co-chaired by the American Road & Transportation Builders Association (ARTBA) and the Associated General Contractors of America (AGC), has called on both the Trump administration and Congress to tackle the country’s infrastructure problems head-on.

In a new ad campaign, labeled as 'Congress: Fix Our Infrastructure Problem Now', the TCC and American Transportation Mobility (ATM) are pressing those in DC to develop and pass a robust transportation infrastructure investment package and a permanent fix for the Highway Trust Fund (HTF) in 2019.

HTF is not an issue unique to this government, and increasing its funding base would give local governments a key resource to take their projects beyond the planning phase. The fund was set up to finance most federal government spending for highways and mass transit. Revenues for the trust fund come from transportation-related excise taxes, primarily federal taxes on gasoline and diesel fuel. 

However these taxes have not seen a major increase in years. Add to that an expected growth in electric vehicles, and suddenly future funding from the gas tax looks small, to say the least.

While the Congress and the Trump administration stare into some of the largest projects that are lying on the slow burner, groups like TTC want to push them to take action on infrastructure grass root policy items for a long-term impact.

Under the campaign, the group notes priority one being “an expanded and sustainable way to pay for future Highway Trust Fund”. Second, to expand the HTF’s resources for projects that ease traffic congestion, improve safety and support long-term economic growth.

While the campaigns are prepped well in time ahead of National Infrastructure Week in May, the hope as always is that policy actions begin to pick up steam in the early part of the year. 

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Infra deficit everywhere, where's the dollar fix?

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This week two lobby groups called on the federal government to take necessary steps to fix infrastructure funding gaps.

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