John Hennessy III,
P.E.
One billion dollars worth of business a day and three percent of yearly GDP move over that bridge alone. But this southeastern nexus between the Bluegrass State and Ohio has been functionally obsolete (capacity wise) for 20 years. At 3 a.m. two weeks ago, colliding semi-trailers, with one hauling the caustic chemical potassium hydroxide, resulted in a catastrophic accident, a fire, traffic backups, and a damaged and temporarily closed bridge.
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The results of last week’s election are in – Americans delivered a split decision on the makeup of the next Congress. In the House, Democrats won control from the Republicans and now hold the majority. In the Senate, Republicans maintained power and even added seats to their majority. This means that we’ll be operating under divided government for the next two years. But it doesn’t mean that nothing will get done.
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Trump’s first State of the Union address lasted a respectable 1 hour and 20 minutes, and delved into a familiar set of issues: jobs, economic growth, immigration, and national security. Infrastructure made a brief appearance, but many stakeholders around the country, on both sides of the aisle, are left with questions about the exact nature of Trump’s $1.5 trillion infrastructure proposal.
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There are a number of answers to that question, including direct federal funding, revolving loan programs, tax-preferred financing, and public-private partnerships (known as P3s). The best infrastructure funding solution would make use of all of these options. And let’s not forget about the gas tax. It hasn’t been raised since 1993. It will take courage on the part of lawmakers to raise it, but it’s a common-sense option that should be on the table. Moreover, a long-term, sustainable source for funding the Highway Trust Fund should serve as the anchor for any plan.
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In Washington and across the country, there is a growing consensus that it’s time to rebuild America. Few investments would have a greater positive impact on our economy than infrastructure modernization—especially on small and midsize businesses that rely on efficient transportation of goods and reliable access to customers. For businesses, communities, and families, the economic benefit of modernization will be profound. It’s time to get it done. We must not let this moment pass us by.
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“I think it’s the first time in recent history that we’ve seen two presidential candidates talk about the infrastructure needs and willingness to address the infrastructure funding deficit…So we really feel like the public is starting to get more engaged, starting to understand that we do have infrastructure needs around the country and are willing to come to the table to have serious discussions to figure out how to solve these problems.”
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Ed Mortimer, Executive Director of Transportation Infrastructure at the U.S. Chamber of Commerce, talks about America’s infrastructure needs.
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The American Association of State Highway and Transportation Officials is once again accepting nominations for the 2016 America’s Transportation Awards. The annual awards program – sponsored by AASHTO, the AAA motor club and the U.S. Chamber of Commerce – recognizes the best projects that state DOTs completed in the prior year, through a series of regional and national competitions.
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UNITED STATES CHAMBER OF COMMERCE
As Congress gears up to debate reauthorization of surface transportation programs, this report is intended to call attention to a significant emerging threat to addressing the aforementioned transportation challenges: the Environmental Protection Agency’s (EPA) forthcoming ozone national ambient air quality standards (NAAQS). This report analyzes the impact of these regulations on transportation projects, with a focus on the Washington, D.C. metropolitan area.
Janet F. Kavinoky is a nationally recognized expert in transportation policy, funding, and finance. As executive director in the Chamber’s Congressional and Public Affairs Division, Kavinoky leads all transportation strategy, policy, and lobbying efforts. She has expertise in developing consensus policy positions among diverse stakeholders and lobbying Congress and executive branch agencies on a wide range of legislative and regulatory matters relating to surface, air, and water transportation.
“We need to look at infrastructure going forward, in the same way, I think, that an entrepreneur does when they’re pitching a business plan to an investor. An entrepreneur helps the investor visualize what’s going to happen, lays out a strategy, and inspires confidence to execute on that strategy. “
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