House of Representatives
TO THE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES:
The Americans for Transportation Mobility (ATM) Coalition and the 31 national association and building trade union members of the Transportation Construction Coalition urge you to pass H.R. 5021, the “Highway and Transportation Funding Act of 2014,” which would extend federal surface transportation programs as well as expenditure authority for the Highway Trust Fund (HTF) through May 2015.
The HTF’s Highway Account is projected to reach a zero balance this August and will fall below the level that the U.S. Department of Transportation requires for operational purposes in a matter of weeks. At that point, the Department will begin slowing reimbursements to state departments of transportation for already ongoing and completed highway and bridge projects. Furthermore, the HTF will be unable to support any new highway or transit spending beginning October 1. This outcome would result in a one-time investment cut of nearly $50 billion that would threaten hundreds of thousands of jobs in 2015.
According to the American Association of State Highway and Transportation Officials, 26 states have identified projects in jeopardy if the HTF is not stabilized. The consequences of failed action, however, would be felt in all states. U.S. Department of Transportation data show that since 2001 states rely on federal funds to support an average of 52 percent of their highway and bridge capital improvements each year. These investments not only support jobs, but they deliver the long-term assets needed to keep the U.S. economy functioning and provide mobility to all Americans.
Once this short-term Highway Trust Fund crisis is resolved, we urge members of the House to work with their colleagues in the Senate to establish a permanent solution to stabilize and grow federal highway and public transportation investment this year. America’s transportation infrastructure network requires a long-term federal commitment, and this cannot be achieved with a Highway Trust Fund that can only function in the short-term. We pledge to work with you to achieve this critical goal.
Americans for Transportation Mobility
Transportation Construction Coalition