Concrete Products

FEB 2018

Concrete Products covers the issues that attract producers of ready mixed and manufactured concrete focusing on equipment and material technology, market development and management topics.

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Page 12 of 89 February 2018 • 9 GOVERNMENT AFFAIRS INFRASTRUCTURE Working Group Co-Chair Rep. John Katko (R-NY), "We've signaled to President Trump, as well as leaders on both sides of the aisle in the House and Senate, that we are ready to work in a bipar- tisan manner move our nation's infrastructure forward." The Associated General Contractors of America and American Road and Transporta- tion Builders Association-led Transportation Construction Coalition observed in a statement on the early-January release of "Rebuilding America's Infrastructure": "To its credit, the report demonstrates bipartisan support for improving all manner of infrastructure facili- ties and an array of specific policy actions to achieve that goal. The Caucus puts its finger on the most pressing transportation infra- structure issue: the need for a permanent solution to the Highway Trust Fund's revenue shortfall and is illustrating specific proposals to remedy this situation and stabilize federal highway, bridge and transit investment. The TCC could not agree more with a key conclu- sion in the report: 'This spending puts the burden of today's infrastructure needs on tomorrow's children. Lawmakers must stop kicking the can down the road." "Since 2008, more than $140 billion in gen- eral fund transfers and budget gimmicks have been needed to preserve federal surface trans- portation investments. The trust fund's revenue shortfall continues to grow. In fact, the $70 bil- lion transferred into the trust fund as part of the 2015 FAST Act law will be liquidated in FY 2020. Without new revenue, starting in 2021, the states will face a growing cut from their current level of Highway Trust Fund program funding that would average about $19 billion annually. Accordingly, a permanent Highway Trust Fund revenue solution to support increased surface transportation investment must be the founda- tion of any infrastructure package." Tracking current infrastructure investments, the "Rebuilding" report spotlights such projects as the Folsom Dam Auxiliary Spillway in California. PHOTO: Congressional Problem Solvers Caucus Toll Free: 800-331-2243 Fax: 817-685-0877 E-Mail:

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