AASHTO criticizes Congress over lack of infrastructure funding in tax reform bills

November 21st, 2017 / By: / Industry News, News

On Nov. 17, 2017, the American Association of State Highway and Transportation Officials (AASHTO) sent separate letters to House and Senate leaders, emphasizing the association’s priority to use tax reform “to address the nation’s transportation investment crisis,” but instead have proposed bills that not only miss the opportunity but would make it “nearly impossible” to later fund a major infrastructure package, the AASHTO Journal reported.

“The most significant tax reform effort in 31 years,” AASHTO said, “is the prime opportunity to address the looming solvency crisis facing the federal Highway Trust Fund (HTF), which provides much-needed transportation investments across the country.”

AASHTO told the AASHTO Journal, “Unless Congress shores up the trust fund before its current five-year authorization law expires in 2020, federal highway spending would shrink by 40 percent in 2021 while new HTF transit funding would dry up completely for three years.”

The AASHTO Journal reported administration and congressional officials have said they plan to introduce an infrastructure plan after they pass tax reform, and they are waiting to say how they would pay for it.

Leave a Reply

Your email address will not be published.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

Comments are moderated and will show up after being approved.