Time to address the Highway Trust Fund, group says

By |  September 12, 2017

Photo: cliff1066™ / photo on flickr

The Highway Materials Group (HMG), comprised of national associations representing companies that provide the construction materials and equipment essential to building America’s transportation infrastructure, urges Congress in a letter to enact a long-term, robust and sustainable funding mechanism that addresses the Highway Trust Fund shortfall.

Specifically, HMG is looking for Highway Trust Fund solutions that both stabilize and increase highway investments to position America’s economy for the future.

HMG’s letter, addressed to Speaker of the House Paul Ryan (R-Wisconsin), House Majority Leader Kevin McCarthy (R-California), Senate Minority Leader Nancy Pelosi (D-California) and House Minority Whip Steny Hoyer (D-Maryland), was delivered as Congress begins efforts to reform the tax code for the first time in a generation.

“With President Trump’s goal of investing a trillion dollars in infrastructure and reforming the tax code, there is an opportunity to provide robust and long-term fixes to both the funding and financing mechanisms for infrastructure investment,” the letter reads.

Click here to read the HMG’s letter in its entirety.

Comments are closed