Aug. 10, 2021 – When the FAST Act was signed into law in 2015 by President Obama, it averaged $45 billion per year in spending on roads and bridges. Contrast that to the Infrastructure Investment and Jobs Act just passed by the Senate. The bill, which now goes to the House, averages just over $70 billion per year, according to National Stone, Sand & Gravel Association Vice…
Read MoreTag: FAST Act
EPW Introduces Surface Transportation Reauthorization Act of 2021
A bipartisan group of senators is introducing The Surface Transportation Reauthorization Act of 2021, which would establish new baseline funding of $303.5 billion for Department of Transportation programs to support highways, roads and bridges.
Read MoreElection Post-Mortem
Nov. 9, 2020 – Well the election of 2020 is over but for the shouting, and I for one am glad to see it go. But what do the results mean for the aggregates industry? If we proceed with the assumption that Joe Biden will be the next president of the United States and Donald Trump will not prevail in court to change…
Read MoreWhere We Stand
As the industry heads into the eighth month of the COVID-19 crisis, we continue to see a mixed bag of industry and economic indicators. Aggregates producers seem to be holding their own, over and above the fact that the construction market has seen its fair share of fluctuations. Aggregates production did dip 3% compared with that of the second quarter…
Read MoreFAST Act Extended for One Year
Oct. 1, 2020 – The Senate approved a one-year extension for the FAST Act, the current surface transportation authorization law, which was set to expire on Sept. 30. The highway program provision was attached to a continuing resolution (CR) to fund the federal government through Dec. 11. The House approved the CR last week. President Trump signed the measure. The FAST Act extension includes $13.6 billion…
Read MoreFAST Act Expiration Coming Fast
Sept. 16, 2020 – Well, here we are in September and it looks very unlikely that a new infrastructure bill will be passed by the end of the month. With the FAST Act’s expiration, the only solution is a short-term extension. A legislative update from this week’s National Stone, Sand & Gravel Association M&S Committee meeting indicated that the Highway Trust Fund will become insolvent in 2021…
Read MoreLetter Calls on Congress to Make ‘Turn-Key’ Transportation Deal
On Sept. 9, the American Association of State Highway and Transportation Officials (AASHTO) along with 87 other organizations co-signed a letter to Congressional leadership calling for a one-year “turn-key” extension of current surface transportation funding legislation with the addition of emergency funding for state departments of transportation and public transit agencies.
Read MoreTRIP: U.S. Infrastructure Needs $57 Billion Annually for 20 Years
As the U.S. Interstate Highway System reaches 64 years old, it faces increasing congestion, unprecedented levels of travel – particularly by large trucks – and insufficient funding to make needed repairs and improvements.
Read MoreTRIP Interstate Highway System Report Details Deficiencies
As the U.S. Interstate Highway System reaches 64 years old, it faces increasing congestion, unprecedented levels of travel – particularly by large trucks – and insufficient funding to make needed repairs and improvements.
Read MoreMoving Forward Act
July 2, 2020 – With the passage in the House of Representatives of the Moving Forward Act – a $1.5 trillion plan to rebuild the nation’s infrastructure – House Democrats have done something other than just talk about the need to repair our roads and bridges. The plan includes $319 billion for highways and of course only cursory mention of a pay-for or an…
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