U.S. Chamber President Applauds Long-Term Transportation Solution, Urges Swift Finalization

Thursday, November 5, 2015 - 11:30am

Donohue: Bill a Step Forward in Helping Create Jobs, Grow the Economy 

WASHINGTON, D.C.— U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today regarding passage of “The Surface Transportation Reauthorization and Reform Act of 2015 (the STRR Act)” intended to be incorporated into H.R. 22, the “DRIVE Act.”:

“A robust and well maintained transportation infrastructure system is the backbone of the American economy, and the vote in the House today recognized what the Chamber has long been saying – that another short term extension to the Highway Trust Fund just won’t cut it.

“This long-term approach to reauthorize funding for the nation’s federal transportation systems is a step forward in providing American businesses with the certainty they need in order to grow and be competitive the global marketplace, helping to create jobs and strengthen the economy. Additionally, the long-term funding provided under the DRIVE Act allows for the necessary time to discuss greater long-term solutions to funding the Highway Trust Fund.

“The Chamber also appreciates House action to move reauthorization of the Export-Import Bank with this legislation, resisting amendments aimed at crippling the agency, and once again showing that more than a clear majority of the Congress is in favor of maintaining this important program.

“However, we are not over the finish line yet. We need Congress to quickly work out the differences in their respective bills and to approve final legislation before the latest short term transportation bill extension expires on November 20. This is a crucial investment in our nation’s economy. We can’t afford to hit any potholes in the process to get it done.”

The Chamber sent two Key Vote letters on the STRR Act, which can be found here and here. The Chamber also sent a Key Vote letter opposing amendments to H.R. 22 regarding the U.S. Export-Import Bank. That letter can be found here

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.