The American Road & Transportation Builders Association (ARTBA) President and CEO Pete Ruane has released a statement about the report issued by members of National Commission on Fiscal Responsibility and Reform and the recommendation to dedicate a 15-cents per gallon gas tax increase to transportation funding.
The statement, released Dec. 1, follows:
“The recommendation by Sen. Simpson and Mr. Bowles to increase the federal gas tax is a small, yet essential, action necessary to help put the nation’s economy back on solid footing for the future. This new revenue should be viewed as a critical investment that will not only put thousands of Americans back to work in the short term, but will also increase U.S. productivity and make our economy more competitive. The Simpson-Bowles recommendation is fiscally responsible. It will ensure that the federal surface transportation program has sustainable funding and remains deficit neutral.
“This recommendation would remove the roadblock that has delayed a multi-year reauthorization of the federal highway and transit programs for more than a year.
“ARTBA’s more than 5,000 members support the report and its recommendations when it comes up for a vote on Dec. 3.”