Arlington, Va. – Today, American Trucking Associations President and CEO Chris Spear told the House Ways and Means Committee that the nation’s infrastructure needs demand real funding solutions from the federal government, not reliance on gimmickry.
“We are no longer facing a future highway maintenance crisis – we’re living it – and every day we fail to invest, we’re putting more lives at risk. In nearly 53 percent of the highway fatalities, the condition of the roadway contributed,” he said. “Time wasted sitting in traffic – rather than at work or with our families – has skyrocketed. Motorists now pay an average of $1,600 due to repairs and congestion each year. Trucking now loses $74.5 billion sitting in gridlock. These are regressive realities and the escalating costs of doing nothing – and they are reflected in the prices we all pay. These costs are measurable and should serve as offsets for new spending on our nation’s infrastructure.”
ATA has proposed a 20-cent-per-gallon fee on motor fuels – collected at the wholesale rack – as a way of raising real funding for investment in infrastructure. This fee, called the Build America Fund, would be phased in over four years at a nickel per year and generate $340 billion over the next decade for road and bridge repair and replacement.
“Federal inaction has prompted cash-strapped states to adopt regressive revenue schemes that hurt commuters, communities and divert funds to non-infrastructure priorities,” Spear said in his testimony, citing variable tolls on Interstate 66 in Virginia.
“This is the essence of regressive and our future if you choose to devolve your Constitutional authority to the states,” he said. “In contrast, if motorists paid the average toll – the cost of a 10-mile trip over an eight-day period on I-66 would equal their cost for an entire year under ATA’s Build America Fund for all roads and bridges in the United States.”
“The Build America Fund is the most conservative proposal – costing less than a cent on the dollar to administer versus up to 35 cents on the dollar for tolling schemes,” Spear said.