As Congressional leaders deliberate on the pending expiration of the current transportation program extension, the AGC-led Transportation Construction Coalition weighed in, urging them to move a short-term extension that will clearly lead to a well-funded multi-year reauthorization of Federal Highway and Transit programs.
Key House leaders, including House Ways & Means Chairman Paul Ryan, are on record for an extension through the end of 2015. An extension of that length will require an extra $10-11 billion in revenue for the Highway Trust Fund. Additionally, Senate Finance Committee Chairman Orrin Hatch (R-Utah) said this week that he would also favor an extension through December. Some Senators, including Environment & Public Works Chairman Jim Inhofe (R-Okla.) and Ranking Member Barbara Boxer (D-Calif.) are pushing for an extension only through July 31, with a goal of moving a multi-year bill by that time.
AGC and our coalition partners will continue to push for an extension that provides the best path towards the ultimate goal of a multi-year reauthorization bill with a sustainable and growing funding source for the Highway Trust Fund. We continue to encourage AGC chapter and members to contact their Representatives and Senators through Hardhats for Highways and encourage them to act swiftly on fixing the trust fund a moving a long-term transportation bill.
For more information, please contact Sean O’Neill at oneills@agc.org or (202) 547-8892. Return to Top