Long-Term Fix for Highway Trust Fund Sought

On Tuesday, Rep. Sam Graves (R-MO) and Del. Eleanor Holmes Norton (D-DC) wrote a letter to the House Ways and Means Committee requesting that the committee include a long-term Highway Trust Fund (HTF) fix in any tax code overhaul the committee undertakes. The letter states that “a long-term solution to the HTF structural revenue deficit would promote increased transportation infrastructure investment and meaningful economic growth in every state.”

In the letter, Graves and Norton added that “over the past 30 years, all 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 from both parties.” Additionally, the two added that “without resolving the issues facing the HTF prior to the expiration of the FAST Act in 2020, Congress will be required to either pass more short-term stopgap measures or provide additional offsets to support a multi-year bill.”

PMAA supports the effort to find a long-term fix for the Highway Trust Fund.