July 27, 2015

Call Senators, House Leaders To Tell Them They Must Pass Transportation Funding Extension This Week

The U.S. Congress faces a major deadline this week: expiration of current highway and transit funding authorization. Unfortunately, leaders in the House and Senate are at odds about how to pay for an extension, and on the question of how long they should extend funding. Senate leaders want a longer-term extension while House Republicans prefer to pass another short-term extension that would give lawmakers more time to hammer out how to pay for the increased spending over the long-term. 

MSCI’s partners at the National Association of Manufacturers (NAM) have continued to call for a long-term reauthorization. In an email last week, NAM argued the Senate bill, H.R. 22, the DRIVE Act, “[R]epresents a much needed multi-year commitment to surface transportation investments.” The NAM said the bill’s increased funding levels, attention to freight projects and commitment to bridge safety would “help speed infrastructure project approvals that are critical to the ability for manufacturers to compete in the 21st Century.” 

With NAM, MSCI urges its members to call their U.S. senators to ask them to support this bill. We also urge our members to call House leadership offices to urge them to bring up a long-term reauthorization. (Links to House leadership offices are located here. NAM offered the following talking points to use when contacting lawmakers:

  • Manufacturers need stable and reliable infrastructure to thrive and compete in today’s global economy;
  • Manufacturers in the United States are powering an economic revival, generating a record $2 trillion for the U.S. economy, and employing more than 12 million Americans, but we can’t sustain this progress if we do not address our highways, roads, bridges and transit systems designed for a bygone era; and
  • Our nation’s infrastructure is outdated and failure to act now seriously endangers both public safety and future productivity.

To learn more about why a long-term funding bill is necessary to ensure a vibrant metals industry, see last week’s Connecting the Dots.