Federal Contractor Report

Trump Infrastructure Plan Unveiled; President Backs 25 Cent Gas Tax Increase

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 AGC applauded President Trump for releasing his $1.5 trillion infrastructure plan on Feb. 12 and backs his reported endorsement of a 25 cent federal gas tax increase to help make the Highway Trust Fund solvent. We link here to one-page summaries of the administration’s infrastructure funding, environmental streamlining and workforce development. With action on an infrastructure bill moving to Congress, it is critical that the construction industry lets Congress know that the time for infrastructure investment is now. Contact your U.S. representative and U.S. senators right now so that they understand that investing in and improving our nation’s infrastructure helps America prosper.

It has also been widely reported that the president—at a bipartisan meeting at the White House on Feb. 14—endorsed a 25 cent gas tax increase, which would raise $394 billion for the Highway Trust Fund. The U.S. Chamber of Commerce—with AGC’s support—put forth such a gas tax increase proposal in January.

Action now turns to Congress, where committees in the House and Senate will commence hearings on the president’s plan in early March. Given election year realities and Congress’s knack for only passing major legislation when it must, AGC is eyeing March 23—when government funding runs out, again—and the ensuing government funding bill as a prime vehicle for moving the construction industry’s infrastructure priorities.

For more information, contact Jimmy Christianson at christiansonj@ac.org or (703) 837-5325.

 

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