WASHINGTON, DC – U.S. House of Representatives Aaron Schock (R-IL) and John Carney (D-DE) submitted a letter signed by 111 colleagues to President Barack Obama urging a six-year and fully funded transportation reauthorization bill. The letter included signatures from 62 Democrats and 49 Republicans. In response, Marcia Hale, President of Building America’s Future issued the following statement:
“We applaud this bipartisan effort towards passing a six-year and fully funded transportation bill. We also urge Congress and the Obama Administration to embrace reforms and innovations so that our roads, bridges and transit systems will meet the demands of the 21st Century. A new transportation bill should set clear priorities based on increasing long-term economic benefits and mobility while bringing greater accountability and transparency to the decision-making process. We need to streamline the process so that projects are built on time, within budget and leverage federal, state and local funding with investments from the private sector. Only by working together can we make the hard choices needed to rebuild and modernize our transportation networks.”
Building America’s Future Educational Fund recently released a new report – “Falling Apart and Falling Behind” – comparing the transportation infrastructure investments in the U.S. with those being made by our economic competitors:
- U.S. infrastructure has fallen from first place in the World Economic Forum’s 2005 economic competitiveness ranking to number 15 today.
- China now boasts six of the world’s top ten ports – and none of the top ten are located in the U.S.
- U.S. air traffic control is managed by the same ground based system developed in the 1950’s.
- The U.S. is one of the only leading nations without a national plan for public-private partnerships for infrastructure projects or a National Infrastructure Bank to finance large-scale projects and leverage private capital.
The report includes a series of recommendations to policymakers; chief among them is to develop a national infrastructure strategy for the next decade that makes choices based on economics, not politics. For the full report and more information, please visit www.BAFuture.org/Report.
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MEDIA CONTACT: Laura Braden, 615-891-8433, laura AT bradenstrategies.com.