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Entries in AASHTO (5)

Monday
Mar062017

Chao Tells Conference ‘Time Has Come’ to Rebuild U.S. Transportation Infrastructure

AASHTO Journal

March 6, 2017

U.S. Transportation Secretary, Elaine Chao"The time has come for a new program of national rebuilding," U.S. Transportation Secretary Elaine Chao told leaders of state departments of transportation at an annual Washington, D.C., conference of the American Association of State Highway and Transportation Officials.

In her prepared remarks as posted on a USDOT website, Chao echoed a signature statement issued the night before by President Trump as he said he would ask Congress for a major new infrastructure investment program.

Trump in his Feb. 28 speech to a joint session of Congress highlighted improvements he wants to make in transportation systems. Chao, in her March 1 keynote remarks at the AASHTO "Washington Briefing," told the state agency CEOs that "already, numerous meetings have been held – at the White House and at the Department of Transportation – with key infrastructure stakeholders from all over the country."

Read on...

Thursday
Feb132014

States, Construction Industry and Economy at Risk from Insolvent Trust Fund

Delays in reimbursement from FHWA may prevent states from being able to pay contractors in a timely manner. Contractors – who rely on prompt payments from states – may be unable to pay their workers, subcontractors and suppliers.

Click here for complete Release > AASHTO

February 12, 2014

The impending insolvency of the federal Highway Trust Fund poses a threat to state budgets, the construction industry and the overall economy that is real and that is even closer than originally estimated, according to Mike Hancock, American Association of State Highway and Transportation Officials President and Secretary of the Kentucky Transportation Cabinet.

Hancock testified Wednesday, Feb. 12, before the U.S. Senate Committee on Environment and Public Works hearing on the topic, "MAP-21 reauthorization: the economic importance of maintaining federal investments in our transportation infrastructure."

"We could face serious economic disruptions as early as this summer if USDOT delays reimbursements to the states for projects already completed," Hancock said. "Unless Congress acts to either increase Highway Trust Fund revenues or provide additional General Fund support, the states will be unable to obligate virtually any new federal funds starting in Fiscal Year 2015."…

Monday
Dec232013

AASHTO's Bud Wright on the Crisis Facing the Highway Trust Fund

American Association of State Highway Transportation Officials

November 21, 2013

In this Transportation TV Close Up video, watch special coverage of a speech by AASHTO Executive Director, Bud Wright.  His presentation titled, "Surface Transportation: The Crisis Facing the Nation's Highway Trust Fund," was delivered Nov. 21, 2013 at the Infrastructure for the Future Summit, sponsored by the American Highway Users Alliance and the Volvo Group.  Wright cautioned attendees that the nation's highway and transit programs face a "fiscal cliff" unless Congressional action is taken to correct the problem in the next nine months.​

Tuesday
Nov122013

Finding funding for transportation biggest challenge, says AASHTO’s new president

What will Congress do? 323 days to the transportation fiscal cliff... Is $20 per household too much to ask for a competive transportation system?

Hancock stressed, though, that AASHTO is not recommending any one particular transportation funding solution. “We’re trying to establish a ‘menu’ of options Congress to consider; we’re not prescribing or favoring any particular set,” he explained. “We can only list potential options of how it can be done; it’s up to Congress to decide what to use.”

Click here for complete article > Fleet Owner

November 11, 2013

Mike Hancock, secretary of the Kentucky Transportation Cabinet (KYTC) and newly elected president of the American Association of State Highway and Transportation Officials (AASHTO), believes that figuring out how to fund both near- and long-term U.S. transportation needs is going to be “the single toughest issue we face” and will represent one of AASHTO’s top priorities in the coming years.

“We’ve got to make sure Congress and the American people understand that the highway trust fund [HTF] is not able to sustain itself and will not provide the funds we so desperately need to maintain and expand our transportation networks in this country,” he explained in a telephone interview with Fleet Owner…

Monday
Oct282013

Less than $20 per household needed to maintain transportation infrastructure and enhance U.S. competitiveness… Can you support it?

Congress must also consider an investment level that would be required to equal and maintain—in real terms—the revenue levels that were achieved in 1993 from federal motor fuel taxes and other Highway Trust Fund revenue sources, which was the last time federal motor fuel taxes were increased (an average of $73.3 billion per year between 2015 and 2020). This investment level will enable the nation’s transportation infrastructure to once again help enhance America’s global competitiveness. It represents a 28.4 percent increase in program funding over maintenance of current investment levels adjusted for inflation. On a monthly basis, the amount of additional federal funding needed to support this level of expenditure is estimated to be $19.06 per household.

Click here to read the resolution > AASHTO Journal

October 25, 2013

This resolution states that the federal government must continue to play a vibrant and stable funding role in investing in, maintaining, and operating a surface transportation system that meets the needs of its customers. Congress must at least maintain the existing MAP-21 highway and transit program investment level in real terms and also consider an investment level that meets the needs identified by U.S. Department of Transportation's projections that $63.1 billion per year between 2015 and 2020 is needed to address the nation's surface transportation conditions. Congress must also consider an investment level that would equal or maintain revenue levels achieved in 1993, the last time the federal gas tax was raised, coming from a variety of existing and new funding mechanisms (though none identified in particular in preference to others). The resolution calls for "ample time" to implement MAP-21, with authorization lasting for a duration of six years.