News & Reviews News Wire House committee’s goal: Infrastructure bill by May NEWSWIRE

House committee’s goal: Infrastructure bill by May NEWSWIRE

By Dan Zukowski | March 11, 2019

| Last updated on November 3, 2020

Get a weekly roundup of the industry news you need.

Email Newsletter

Get the newest photos, videos, stories, and more from Trains.com brands. Sign-up for email today!

Trains_Washington_Watch

WASHINGTON — Members of the U.S. House Transportation and Infrastructure Committee, speaking on a panel this morning as part of the National League of Cities congressional conference, say they are aiming to complete an infrastructure bill by May.

“I know May is probably a little ambitious, but that’s our goal,” says Rep. Rodney Davis, R-Ill., ranking member of the subcommittee on highways and transit. He notes that the president has said that he wants to invest $1 trillion in infrastructure.

The sticking point, notes Rep. Salud Carbajal, D-Calif., may be in finding “funding sources that we can all agree on.” Under discussion are options that include raising the gas tax and a new vehicle-miles traveled tax to capture revenue from electric vehicles, both designed to shore up the ailing Highway Trust Fund.

Carbajal also suggests creating a federal infrastructure bank “that will provide low interest loans to states and municipalities so that they can build.”

Complicating matters, however, is that the surface transportation bill, known as the FAST Act, expires in 2020. Getting both major pieces of legislation done in this Congress could be “a big challenge,” acknowledges Robyn Boerstling, a vice president at the National Association of Manufacturers, speaking at today’s panel. Davis believes, however, that if an infrastructure bill can get completed by May, then there is a better chance the two bills can be addressed separately.

Carbajal concludes, “If you don’t have an ambitious timeline, you’ll never get to it.”

3 thoughts on “House committee’s goal: Infrastructure bill by May NEWSWIRE

  1. Was thinking about this today.I am against any type of higher taxes to do this whatsoever.First of all I live in a state where idiot Republicans hit us with a 1.2 billion tax increase 2 years ago that included a 11 cent increase in the gas tax.So if a federal one get pass we will get hit with a second increase in 3 years.I have also heard that the federal gas tax has not been raised since 1993 to that I say so what.Why should we send more of our hard when congress has added 18 trillion dollars to our debt since 1993??????2 trillion has already been added under the current occupant in the oval office.Why should more of our money be sent to Washington DC in form higher gas taxes when all they do is spend,spend,spend more then they take in?????It does not matter if its Republicans or Democrats.its just spend more then the congress takes in.There should talk of a higher gas tax to fund the highway trust fund until the politicans in the congress gets their act together.As it was written along time ago,the borrower shall be slave to the lender

You must login to submit a comment