Washington, D.C.βΒιΆΉ΄«Γ½ of America (ΒιΆΉ΄«Γ½) today submitted a statement of support for the National Highway System Bridge Reconstruction Initiative that includes a potential increase to the federal excise on gasoline, which continues to be the most reliable, fairest and easily administered user fee.
βThis targeted, nationwide bridge reconstruction program is an appropriate response to the tragic collapse of a span of the I-35 bridge in Minneapolis and to our countryβs pressing needs,β said ΒιΆΉ΄«Γ½ CEO Stephen E. Sandherr.
Twelve percent, or approximately 72,000, of the nationβs bridges are classified as βstructurally deficient.β Bridges are just one component of the nationβs transportation network that supports our $14 trillion economy; other system needs exist and require solutions to address a variety of mobility challenges.
βWe face a looming infrastructure crisis in this country which involves all modes of infrastructure from surface transportation to aviation, from water infrastructure and flood control to navigation,β added Sandherr. βThe National Highway System Bridge Reconstruction Initiative is an important first step towards fixing the long-term neglect of our nationβs aging and deteriorating infrastructure.β
In its support for increasing investment in transportation infrastructure and a potential increase in the federal excise on gasoline, ΒιΆΉ΄«Γ½ recommends that it be indexed to account for the expected inflation in construction costs that will diminish the purchasing power of this funding increase in the future.
βIndexing this user fee to account for inflation will help our country avoid future catastrophes,β Sandherr noted.
ΒιΆΉ΄«Γ½ of America (ΒιΆΉ΄«Γ½) is the largest and oldest national construction trade association in the United States. ΒιΆΉ΄«Γ½ represents nearly 33,000 firms, including 7,000 of Americaβs leading general contractors and 11,000 specialty-contracting firms. More than 13,000 service providers and suppliers are associated with ΒιΆΉ΄«Γ½ through a nationwide network of chapters. Visit the ΒιΆΉ΄«Γ½ Web site at . ΒιΆΉ΄«Γ½ members are "Building Your Quality of Life.β