TCC and Congress push for Highway Trust Fund solution

Politico_Ad_20172Finding a permanent revenue solution for the Highway Trust Fund is essential to the long term health of America’s transportation infrastructure. And over the past several weeks, the Transportation Construction Coalition (TCC) and the U.S. Congress have worked together to keep infrastructure funding top-of-mind.

TCC Annual Washington Fly-in

Hundreds of transportation design, construction and labor union executives converged in the nation’s capital in May for the annual TCC Washington Fly-in. Participants had the opportunity to hear Congressional leaders discuss both the Highway Trust Fund and infrastructure investment policy at a conference on May 17th. The next day, the attendees convened on Capitol Hill to meet with their senators and representatives about finding a permanent solution for the Highway Trust Fund’s revenue shortfall.

To support the theme of this year’s Fly-in, the TCC has also scheduled a print ad in Capitol Hill publications calling on Congress to fix the Highway Trust Fund as part of tax reform.

The momentum continued in June as 253 bipartisan members of the House of Representative joined together to advocate for a long-term solution to the Highway Trust Fund’s structural revenue deficit.

Graves – Norton Highway Trust Fund Letter

Led by House Highways & Transit Subcommittee Chairman Sam Graves (R-Mo.) and Ranking Member Eleanor Holmes-Norton (D-D.C.), 119 Republicans and 134 Democrats signed a June 12 letter to House Ways and Means Committee Chairman Kevin Brady (R-Texas) and Ranking Member Richard Neal (D-Mass.) calling for a trust fund fix as part of legislation to reform the U.S. tax code.

Since 2008, over $140 billion in general fund transfers and budget gimmicks have been needed to preserve federal surface transportation investments. But the trust fund’s permanent revenue shortfall continues to grow.

The Graves-Norton letter makes clear that that members of both parties are seeking a break from the budget gimmicks and general fund transfers of the past. The letter notes that, “Over the past 30 years, all Highway Trust Fund (HTF) revenue enhancements have been included in larger tax and deficit reduction packages. Any HTF solution should entail a long-term, dedicated, user-based revenue stream that can support the transportation infrastructure investment supported by President Trump and members of Congress.”

The Washington Fly-in and the Graves-Norton letter demonstrate a strong effort and consensus between TCC members and our representatives in Congress. Hopefully we are on the right track for a sustainable infrastructure funding program.

Leave a Comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>