House Ways and Means Hearing: Our Nation’s Crumbling Infrastructure and The Need for Immediate Action
Taking a vital step toward a robust transportation package this Congress, the House Ways and Means Committee yesterday held a hearing to discuss the need for more money to maintain and improve the nation’s infrastructure. The Highway Trust Fund needs immediate cash flow before it runs to zero in 2021. In addition, roads, bridges and highways in poor conditions cost individuals and businesses in measurable financial ways. At the hearing, funding models for investment were discussed in depth as members debated the use of a gas tax, VMT-based fee, and public-private partnerships as tools for creating revenue. The rural-urban divide was also discussed throughout. There were also conversations about creating stronger broadband infrastructure, water systems, disaster resilient communities and affordable housing while also addressing the effects of climate change. For detailed notes, see NARC’s analysis from the hearing.