Source: Associated General Contractors of America, Washington, D.C.
AGC Chief Executive Officer Stephen Sandherr responded to changes or cuts in federal transportation and environmental infrastructure program funding, outlined in President Obama’s proposed 2012 budget and U.S. House Republicans’ proposed 2011 continuing budget resolution:
“It is encouraging to see the President appreciates the difference between wasteful spending and essential transportation investments needed to boost overall economic growth and protect Americans from later, larger fiscal liabilities … We are, however, concerned by the Administration’s proposal to transform the Highway Trust Fund into a Transportation Trust Fund that would fund high speed rail, Amtrak, ‘livability’ grants and other Administration priorities.
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