On April 15, AGC, along with the American Association of State Highway and Transportation Officials (AASHTO) and other industry stakeholders, called on Congress to authorize $200 billion in highway and bridge stimulus or “down payment” funding in any infrastructure package, available to be obligated through 2026 at 100 percent federal share. The request also asks that Congress provide $487 billion for the Federal-aid Highway Program as part of the upcoming five-year surface transportation reauthorization due by October 1. According to a recent USDOT report, the current investment backlog for highways and bridges stands at $756 billion. This funding request would finally address this longstanding investment backlog in our nation’s roads and bridges.
For more information, contact Alex Etchen at alex.etchen@agc.org