More delays to US highway funding

The National Stone, Sand and Gravel Association in the US is continuing to push for a long-term solution to highway funding, after it was announced that the US Department of Transportation has estimated that the Highway Trust Fund will remain solvent until June 2016.

The Highway Trust Fund was extended on a short-term basis at the end of July, but that expires on 29 October (although it includes funding through to the end of the year). Work on a long-term solution is ongoing.

In July, the US Senate passed a six-year surface transportation authorisation: the ‘Developing a
Reliable and Innovative Vision for the Economy Act’ or the DRIVE Act, which will provide more than US$40 billion in revenues to cover shortfalls in the Highway Trust Fund during the initial three years of the legislation’s six-year authorisation.

Senate Environment & Public Works Committee chairman Jim Inhofe, R-Okla, is disappointed with the DoT findings, saying that further delays would hamper the construction industry.

“If we don’t get this done when we’re scheduled to, we’re going to miss a construction season, an entire year,” he said.

DoT Secretary Anthony Foxx was in agreement, saying that if action is delayed until 2016 it could mean no further progress is made towards a solution, since ‘not a lot goes on in election years’.

More information on the National Stone, Sand and Gravel Association’s work to push Congress on this matter can be found at www.AggregatesInAction.org.

Source

(Visited 29 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.