$302B Highway Bill
Obama, Foxx send 4-year, $302B highway bill to Congress; trucking blasts tolling option
Johnson Refrigerated Truck Bodies launches new FleetWise aftermarket service program and evolves all-electric The Obama administration’s transportation funding plan has officially made its way to Congress, as Department of Transportation Secretary Anthony Foxx unveiled the four-year, $302 billion plan April 29. Trucking interests, however, are not impressed, taking particular issue with the bill’s giving states the authority to toll existing Interstates and with an expanded share of funding for transit and rail programs.
“Failing to act before the Highway Trust Fund runs out is unacceptable – and unaffordable,” Foxx said. “This proposal offers the kind of job creation and certainty that the American people want and deserve.”
The GROW AMERICA Act — Generating Renewal, Opportunity and Work with Accelerated Mobility, Efficiency and Rebuilding of Infrastructure and Communities throughout America — will prop up the Highway Trust Fund and rely on business tax reform to generate money for infrastructure projects, Foxx says.