U.S. Chamber Praises HTF Fix
| September 11, 2008 |
| Traffic World Online |
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The U.S. Chamber of Commerce on Thursday praised bipartisan congressional action to restore the depleted Highway Trust Fund and urged further action when reauthorizing the surface transportation law next year. "We applaud Congress for addressing this looming crisis in a bipartisan manner," said Bruce Josten, the U.S. Chamber's executive vice president for government affairs. "But like patching a pothole, this is a short term fix. Congress must develop a long-term solution when reauthorizing the surface transportation law next year. Every funding option must be on the table."
HR 6532 transfers $8 billion from the General Fund to the Highway Trust Fund. "By acting now, Congress avoided reducing or delaying spending that would have disrupted vital maintenance and improvement efforts already underway," Josten said. "We urge the President to sign this bill into law as soon as possible."
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