AEM Commends Transportation Bill Proposal

Says multi-year legislation needed.

The Association of Equipment Manufacturers (AEM) is glad to see the Obama Administration proposing reauthorization for a multi-year surface transportation bill and engaging in the vitally important conversation about the future of America’s serious need for greatly improved infrastructure.

Rick Patek, AEM Chair and Group President, Aggregate and Mining, Astec Industries Inc., made this statement: “Overall, we are glad to see today’s proposal, and are particularly pleased to see that the Administration has included a funding plan for this multi-year reauthorization."

Concern remains, however, that it doesn't provide long-term stable financing. With the recent attention on the Highway Trust Fund projected to run out of money late this summer, the association is urging Congress to act before the fund is "unable to meet its obligations."

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