AGC sent a letter this week to Senate Appropriations Committee Chairman Robert Byrd (D-W.V.) in support of the infrastructure investment provisions contained in the Chairman’s second stimulus supplemental appropriations bill for fiscal year 2008. In particular, AGC expressed support for the Chairman’s proposal to address the impending Highway Trust Fund deficit by transferring $8 billion from the General Fund to the Highway Trust Fund. The U.S. House of Representatives overwhelmingly approved a stand-alone piece of legislation to accomplish the transfer in July.
Construction Law
September 4, 2008
Congress has planned to adjourn for the year on Friday, September 26, leaving just 3 weeks to address energy security, the highway trust fund shortfall, a continuing resolution on funding for the entire government, the extension of funding for the Airport Improvement Program, extension of expiring tax provisions and any job-based stimulus package that would include additional money for infrastructure. During this period, AGC will be closely involved in these important legislative battles.
Highway Trust Fund
Pages
