Following the introduction of the Infrastructure 2.0 Act in Congress, the Associated General Contractors of America (AGC) said last week that it's time for lawmakers to find the $170 billion needed to improve the nation's transportation infrastructure.
"The introduction of this measure is another reminder that Congress should act quickly to address our growing infrastructure needs by identifying the best ways to pay for a long-term federal surface transportation program," Stephen Sandherr, CEO of the AGC, said.
Introduced by U.S. Rep. John Delaney (D-MD), the Infrastructure 2.0 Act comes as lawmakers discuss raising the 18.4 cents-per-gallon gas tax to help pay for new transportation funding this year.
Delaney said the legislation's goals are to create jobs, improve the nation’s quality of life, and find a new policy solution that helps fix and expand America’s crowded highways.
"The Congressman's proposal puts a lot of good ideas on the table that we hope spur vigorous discussion over how best to use tax reform to finance America's aging infrastructure," Sandherr said. "Congressman Delaney is a serious legislator who understands what levers Congress can use to spur economic growth."