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Congress Could Still Pass a Six-Year Authorization for the 'Highway Trust Fund'


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(OPEN):
THE TRANSPORTATION-FUNDING PICTURE, AT THE FEDERAL LEVEL, REMAINS UNCLEAR--AS ANOTHER SHORTFALL IN THE "HIGHWAY TRUST FUND" LOOMS.  HOWEVER, CONGRESS MAY STILL PASS A SIX-YEAR AUTHORIZATION, BY MONTH'S-END [BY JULY 31ST].  THAT'S ACCORDING TO ANANTH PRASAD--A FORMER STATE DEPARTMENT-OF-TRANSPORTATION SECRETARY WHO'S NOW H-N-T-B CORPORATION'S NATIONAL TRANSPORTATION-LEADER...

(PRASAD):
"
A SIX-YEAR AUTHORIZATION IS PROPOSED--BUT THAT DOESN'T NECESSARILY MEAN [THAT] IT WOULD BE FULLY FUNDED; MOST LIKELY, THE FIRST THREE YEARS WOULD BE GUARANTEED.  BUT, THIS WOULD, AT LEAST, ALLOW STATE DEPARTMENT-OF-TRANSPORTATIONS TIME TO PLAN LARGE INFRASTRUCTURE-IMPROVEMENT PROGRAMS.  WHEN FEDERAL FUNDS BECOME AVAILABLE, IT IS IMPORTANT FOR THE STATES TO LOOK FOR INNOVATIVE WAYS TO DELIVER THESE INFRASTRUCTURE-PROJECTS--WHILE ALSO MAXIMIZING AVAILABLE FUNDING.  THESE INNOVATIVE SOLUTIONS INCLUDE SUCH THINGS AS PUBLIC/PRIVATE PARTNERSHIPS AND MANAGED TOLL-LANES.  MEANWHILE, CONGRESS MUST CONTINUE TO SEEK LONG-TERM SOLUTIONS WITH SUSTAINABLE FUNDING-SOURCES--TO MEET THE CURRENT AND FUTURE INFRASTRUCTURE-NEEDS, AND TO KEEP AMERICA MOVING."

(CLOSE):
TO LEARN MORE, VISIT W-W-W-DOT-"H-N-T-B"-DOT-COM.



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