ARTBA President and CEO Pete Ruane discussed transportation funding in a live interview Oct. 26 with Bloomberg BNA.
He told reporter Stephanie Beasley that hundreds of projects across the country have been delayed due to procrastination in funding a long-term surface transportation program.
“The general impact is the inability to plan forward, and with that you’re not getting the benefits of job growth, the purchase of materials, and, most importantly, you’re not getting the improvements made to resolve our congestion problems and our safety issues that are out there,” Ruane said
But ARTBA remains optimistic that Congress will pass a bill this year, he added.
Ruane also reiterated ARTBA’s position that an increase in the federal user fee is the most appropriate, proven way of financing the surface transportation program.
Watch the full interview.