The details: T&I Committee approves American Energy & Infrastructure Jobs Act
Duncan points out that job creation is the No. 1 priority for voters across the United States, and he says this bill gives state governments a long-term funding stream that will put Americans back to work by improving our Nation’s highway and transit systems.
“In the last Congress, the President and Democratic leaders were unable to bring their reauthorization proposal to the floor,” Duncan said in the written statement from Mica’s office. “Their proposals for funding the bill were unrealistic. I can assure you that this bill is realistic and will ensure that the Highway Trust Fund does not go broke.”
The American Energy & Infrastructure Jobs Act authorizes approximately $260 billion over five years to fund federal highway, transit and safety programs, consistent with current funding levels. This will provide long-term stability for states to undertake major infrastructure projects. The bill also includes provisions to improve programs for freight and passenger rail transportation, and calls for funds collected for maintaining the nation’s harbors to be invested for that purpose – not redirected for other unrelated government expenditures.
In addition, this legislation contains no earmarks. The last surface transportation law approved by Congress in 2005 contained over 6,300 earmarks.
The House is expected to consider H.R. 7 later this month.
According to Mica’s office, The American Energy & Infrastructure Jobs Act improves transportation programs in a number of ways, including the following:
Program Reform & Consolidation
Currently, there are more than 100 federal surface transportation programs, many of which were created during the last 50 years to expand the scope of the original programmatic goals. Many of these programs are duplicative or do not serve a national interest, according to Mica.
MORE FROM Economics
MORE STORIES
POPULAR
COLUMNS
BLOGS
- Obama signs memorandum to expedite infrastructure projects666 Views
- Florida’s Red Light Camera Game: G R E E N orange R E D392 Views
- Sydney uses water curtains to alert drivers to stop (VIDEO)389 Views
- Seattle tests bikes as disaster relief (VIDEO)376 Views
- FHWA deploys bridge-inspecting robots296 Views







