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House Drops $8 Billion Trust Fund Provision


The House of Representatives has dropped a provision that would have provided an $8 billion fix to restore solvency to the Highway Trust Fund. Road funding

The House of Representatives has dropped a provision that would have provided an $8 billion fix to restore solvency to the Highway Trust Fund. Road funding also continues to take a beating as fewer gallons of gasoline are consumed and legislators propose suspending fuel taxes. ìWe are extremely disappointed that Congress did not seize the opportunity to ensure solvency of the Highway Trust Fund,î says NSSGA Chairman Steve Sloan, president and CEO of Midwest Minerals Inc. ìWe encourage, in fact urge, our members to contact their legislators and ask them to take action on the HTF funding deficit or risk the delay, postponement or cancellation of needed highway projects and the accompanying job losses.î

The HTF provision was dropped from the House bill following opposition by Rep. Jerry Lewis (Calif.), the senior Republican on the House Appropriations Committee, and Rep. Paul Ryan (Wis.), the senior Republican on the House Budget Committee. They announced their opposition to the HTF fix in a joint press release, which quoted Lewis as saying, ìThis bill just exacerbates our transportation funding problem by using an $8 billion taxpayer-funded Band-Aid on the terminally ill Highway Trust Fund. We need real reform and practical solutions, not more buck passing.î