119 Republicans and 134 Democrats signed a June 12 letter calling for a trust fund fix as part of legislation to reform the U.S. tax code. (politicspa.com photo)

The Transportation Construction Coalition commends the 253 bipartisan members of the House of Representatives who joined together to advocate for a long-term solution to the Highway Trust Fund's structural revenue deficit. 

119 Republicans and 134 Democrats — a majority of each party's membership in the chamber — signed a June 12 letter, led by House Highways & Transit Subcommittee Chairman Sam Graves (R-Mo.) and Ranking Member Eleanor Holmes-Norton (D-D.C.), to House Ways and Means Committee Chairman Kevin Brady (R-Texas) and Ranking Member Richard Neal (D-Mass.) calling for a trust fund fix as part of legislation to reform the U.S. tax code.

Since 2008, more than $140 billion in general fund transfers and budget gimmicks have been needed to preserve federal surface transportation investments. The trust fund's permanent revenue shortfall continues to grow. In fact, the $70 billion transferred into the trust fund as part of the 2015 surface transportation program law will be liquidated in FY 2020. Waiting until that point to address the trust fund's revenue shortfall would result in a nearly $18 billion average annual shortfall between existing revenue and the amount needed to prevent cuts in highway and public transportation spending.

The Graves Norton letter noted: “Over the past 30 years, all Highway Trust Fund (HTF) revenue enhancements have been included in larger tax and deficit reduction packages. Any HTF solution should entail a long-term, dedicated, user-based revenue stream that can support the transportation infrastructure investment supported by President Trump and members of Congress.”

The letter makes crystal clear that members of both parties are seeking a break from the budget gimmicks and general fund transfers of the past. It also is a welcome contrast to the Trump administration's budget proposal to ignore the Highway Trust Fund's fiscal situation and arbitrarily constrain spending — an approach that would result in $100 billion in highway and public transportation investment cuts through FY 2027. 

Today's top stories

Florida's Sarasota Bradenton International Airport Sees $105M Terminal Expansion

Louisville Pump Station Receives $230M Update

Rokbak Haul Track Telematics Boost Uptime With Proactive Maintenance

SISO Air, InTerra Form Strategic Reseller Agreement

Hitachi Construction Machinery Wins Silver in 2024 Anthem Award

Balfour Beatty's Carolinas Operations Selected for Over $36M in Special Project Works

Caterpillar to Spotlight 'Next 100 Years' at CES 2025

Liebherr to Exhibit at World of Concrete 2025