U.S. Chamber Comment on Senate Passage of Highway Trust Fund Bill

Tuesday, July 29, 2014 - 2:45pm

WASHINGTON, D.C.U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten today issued the following statement regarding Senate passage of H.R. 5021, the “Highway and Transportation Funding Act of 2014”:

“The Senate today brought us one step closer to a short-term fix for a much bigger problem. The Senate version of H.R. 5021 will ensure the immediate solvency of the Highway Trust Fund (HTF) and keep important transportation and infrastructure projects on track across the country. We appreciate that lawmakers in both the House and the Senate have made this a legislative priority, but the job is not yet done. The bill is not yet ready for president’s signature. In the coming days, the two chambers must reconcile the differences in this legislation to help—temporarily—repair, sustain, and improve America’s transportation and infrastructure systems. Time is short, and the consequences of inaction are high.

“It’s also imperative that Congress work on a bipartisan, sustainable, and long-term solution to the HTF that will maintain federal investment in our highways, public transportation, and highway safety, not only for a few months but for years to come. The Chamber urges leaders of both parties to come together on a shared solution for the HTF’s structural deficiencies as soon as possible. Regardless of any deadline set into law, lawmakers need to develop a long-term revenue solution this fall, with the goal of creating—and seizing—the opportunity to act before the end of the year.

“Finding a long-lasting solution will provide certainty to businesses, states, and anyone who relies on our nation’s roads, bridges, and highways. And it will contribute to economic development, international trade, and job creation. We look forward to working with lawmakers to find and advance such a solution. Kicking the can down the road is easy, but finishing the job is necessary.” 

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.