U.S. Department of Transportation Secretary Anthony Foxx unveiled the Obama administration’s Grow America Act, a $302 billion, four-year surface transportation reauthorization. The proposal would increase federal highway investment by almost $10 billion per year and public transportation investment by nearly $7.5 billion annually from FY 2015-2018.
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Highway Trust Fund Warning
February 3, 2014 – A new analysis by the Associated Equipment Distributor’s (AED) Government Affairs Office based on recent data from the Federal Highway Administration shows the potentially devastating economic impact of the impending collapse of the federal highway program. The Congressional Budget Office reported in July 2013 that, due to inadequate resources in the federal Highway Trust Fund (HTF), Congress “would need…
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