Note to Policymakers: We Must Ensure that U.S. Infrastructure is Globally Competitive
The federal government used to invest in America’s infrastructure more reliably, but now other nations are surpassing the United States in the areas of modern and faster transportation systems.
These are the messages from Matt Cummings, Chairman of the American Road & Transportation Builders Association (ARTBA) and Executive Vice President of AECOM, and Christina Atchley, Director of Congressional & Public Affairs at the U.S. Chamber of Commerce, in this new Americans for Transportation Mobility (ATM) Coalition video.
Observations by Cummings and Atchley drive home that the status quo fails each and every one of us, costing our country and citizens time, money and opportunities.
Our leaders need to act now to help bridge the infrastructure investment and transportation funding gaps. “U.S. federal taxes on motor fuels are low when compared to those in many other advanced economies,” wrote Dan Sichel, an economics professor at Wellesley College, in a recent piece (published by PBS in collaboration with EconoFact) that details why a gas-tax increase is needed.
Here’s more food for thought as the Highway Trust Fund sits stagnant: “Since the Federal-Aid Highway Act of 1956, revenues from these taxes have flowed into the Highway Trust Fund and have been an important source of funding for highways and mass transit,” the piece also points out. “Up until 2008, revenues collected generally covered the outlays from the fund. In recent years, with the level of taxes falling in inflation-adjusted terms, and with an increase in the fuel efficiency of cars and trucks, this source of revenue has gone less and less far.”
ARTBA and the U.S. Chamber are members of ATM.
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