The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the Obama administration's release today of proposed surface transportation legislation that would provide an estimated $302 billion for highway, bridge and transit construction over a four-year period:
"The administration's proposed transportation bill should accelerate debate and action on a new highway and transit bill before the current legislation expires at the end of September. This new proposal demonstrates the administration's intent to play an active role in advocating for timely legislative action to ensure our continued economic vitality. As important, the proposal sets a clear marker that any new legislation must span, at a minimum, four years and increase investment levels.
Read the full statement here.