top of page
T.R.U.S.T.

Report urges Congress to reform surface transportation funding

Transportation Today

BY LIZ CAREY DECEMBER 11, 2020 With Congress and the president only funding surface transportation through September 2021, the Competitive Enterprise Institute (CEI) has issued a report urging Congress to reform how surface transportation is funded. The CEI report highlights the shortfall within the Highway Trust Fund and a mismatch between who pays for roads and who uses them. While Congress is expected to tackle the funding issue starting in January, a new way of thinking about infrastructure funding needs to occur on the Hill, the report said. “Currently in the United States, 7 percent of bridges are structurally deficient, and 19 percent of major highway pavements have deteriorated. Yet, our existing financing structure has few tools to address the looming reconstruction challenges facing existing infrastructure,” the report said. “Meanwhile, the last large surge of federal “stimulus”-backed repair funding from the American Recovery and Reinvestment Act of 2009 largely went to simple pavement surface mill-and-fill projects that will soon need to be replaced from the ground up. Congress needs to address the inadequacy of existing legacy programs and answer the question of how to support economic growth while conserving existing infrastructure.”


View the full article: TransportationTodayNews.com

3 views0 comments

Recent Posts

See All

Comments


bottom of page