Sell Your Equipment  /  Dealer Login  /  Create Account

AED: Time for Congress to Stop Hitting Snooze Button, Tackle Federal Highway Crisis

With "Year Zero" looming, the time for action is now, according to Associated Equipment Distributors (AED) Vice President of Government Affairs Christian A. Klein.

Thu September 26, 2013 - National Edition
Construction Equipment Guide


Associated Equipment Distributors (AED) Vice President of Government Affairs Christian A. Klein released the following statement in connection with today’s Senate Environment & Public Works Committee hearing on the fiscal crisis facing the federal Highway Trust Fund (HTF). Experts project hundreds of billions of dollars in user fee revenue shortfalls over the next two decades and the HTF won’t be able to support new highway investment in 2015, putting the entire $41 billion federal annual highway program and more than $2 billion in related construction equipment market activity at risk.

“We commend Chairman Boxer both for continuing to ring alarm bells about the crisis facing the federal highway program and offering bold solutions like a new gasoline sales tax. With ’year zero’ looming in 2015, it’s time for Congress and the president to stop hitting the snooze button and take swift, decisive action to ensure the HTF’s long-term solvency. We look forward to working with all concerned to put the HTF back on solid fiscal footing and restore certainty to federal highway and transit investment.”




Today's top stories

Crews Install Largest Concrete Beams Manufactured in Midwest On Tri-State Tollway's $4B Project

2021-2022 Construction Economic Forecast

VIDEO: Maintaining Your Snowplow for Better Performance

VIDEO: Could You Pull a 100-Ton Volvo Hauler Using Only LEGO Technic Elements?

Ruhlin/Shelly and Sands JV Begins Largest Project in ODOT District 4's History

Crews Work to Complete $26M BTW Magnet School

Mason Tractor Opens Fifth Kubota Dealership in Villa Rica, Ga.

Blythe Construction/100 Years








ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo