Tcc Warns Of Major Highway Funding Cuts
- Published: Sunday, 01 June 2008 08:00
The Transportation Construction Coalition (TCC) reports that the Highway Trust Fund is facing a first-ever deficit, falling $3.7 billion short of being able to meet SAFETEA-LU's highway investment guarantees. Unless Congress acts, every state could suffer a 34% cut in its highway and bridge funding, beginning Oct. 1, 2008. This message is being delivered by a new print ad from TCC running in Capitol Hill publications. TCC ran the ad in conjunction with its May 20-21 Washington Fly-In. The ad directs members of Congress and their staffs to the coalition's Web site, www.transportationconstructioncoalition.org, to learn more about each state's potential highway funding cut and job loss.
This summer, some 400 transportation design and construction officials will visit Capitol Hill to meet with members of Congress to educate them about the shortfall in the Highway Trust Fund; voice opposition to a proposed federal-gas-tax suspension over the summer travel season; express the need to boost highway, transit and airport investment in the FY09 appropriations bill; and highlight key investment and policy issues related to the 2009 highway/transit bill. Established in 1996 and co-chaired by the American Road and Transportation Builders Association and the Associated General Contractors of America, TCC includes 28 national associations and unions with a direct market interest in federal transportation programs.