House Starts Down Infrastructure Road

AGC Sends Letter to President Trump
This week, AGC of America and AGC chapters joined nearly 400 other associations, labor unions and transportation groups in sending a letter to President Trump expressing support for a major infrastructure plan that, among other things, addresses the long-term solvency of the Highway Trust Fund. The letter was referenced by House Transportation & Infrastructure Chairman Bill Shuster in his opening remarks during his committee’s hearing on 21st Century Infrastructure.
Much like AGC’s Agenda to Rebuild American Infrastructure, the hearing focused on addressing the needs of our nation’s roads, bridges, waterways and airports. The witnesses – who included Fred Smith, President and CEO, FedEx and Rich Trumka, President, AFL-CIO – were unanimous in the need for greater investments in infrastructure including an increase in the federal gas taxes, while also acknowledging there needs to continue be a role for private investment.  Ranking Democrat on the committee, Peter DeFazio outlined his plan to pay for certain infrastructure projects, which includes indexing the gas and diesel taxes to inflation to repay 30 year treasury bonds, raising the cap on Passenger Facility Charges (PFC) for airports, and directing billions of dollars back into the Harbor Maintenance Trust Fund that have been diverted to pay for deficit reduction.
With infrastructure a top priority of President Trump and a part of the House Republican’s 200 Day Agenda, AGC will continue to push for additional funding and financing for all types of infrastructure and pro-construction regulatory policies.
For more information, contact Sean O’Neill at [email protected] or (202) 547-8892.

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