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Foxx: ‘We should do more than just stabilize the Highway Trust Fund’

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Transportation Secretary Anthony Foxx on Thursday said it is not enough to try to only stabilize the Highway Trust Fund (HTF).

Speaking at the 2014 American Association of State Highway and Transportation Officials (AASHTO) Washington Briefing, Foxx urged attendees to tell Congress to fix the Highway Trust Fund.

“We need your help reminding Congress that the most fiscally responsible thing to do is to get the Highway Trust Fund stabilized,” Foxx said.

However, the DOT Secretary noted that simply stabilizing the HTF is not enough.

“We believe as an administration that we should do more than just stabilize the Highway Trust Fund,” Foxx said. “We should put it on a course where there’s more investment in infrastructure, more jobs being created, more pathways for these manufacturing jobs to be created in this country, and the free flow of goods around this country and getting people to work happens so that America can restore and renew its place as the preeminent transportation system in the world.”

Foxx said America’s competitors “are investing at deeper levels in infrastructure,” noting that China spends twice as much as the U.S. does on infrastructure.