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Infrastructure Push On in Washington
To keep the pressure on Congressional action on the HTF "fix," APTA and more than 60 organizations sent a letter
to Congress July 14 urging members to pass legislation stabilizing the
HTF and preventing a shutdown of public transit and road investments and
infrastructure projects across America. Signatories representing every
sector of the economy agreed, "our transportation infrastructure
network is the foundation on which the nation’s economy functions."
APTA also announced its survey detailing the impact to public
transit systems if the HTF and Mass Transit Account issues are not
resolved. Also in Washington, DC, this week President Obama's Council of
Economic Advisers released a report
showing the long-term economic benefits of public transportation
investment and concluding that conditions in the infrastructure sector
are ripe for innovation, with
new technologies and approaches promising significant gains in
productivity, efficiency, and resilience.
Congress's failure to replenish the HTF would jeopardize nearly 700,000 jobs, President Obama said July 15 in a speech in McLean, VA. DOT Secretary Anthony Foxx agreed, speaking
at the same event, adding that infrastructure investments are badly
needed to repair the country's crumbling infrastructure. (Photo: Jordan Smith)
Obama Launches Build America Investment Initiative
President Obama launched the Build America Initiative July 17, designed to increase public transportation investment by expanding
public-private partnerships and putting DOT's credit programs to greater
use. APTA President & CEO Michael Melaniphy praised the plan, saying, "This innovative financing initiative is another tool in the investment
toolbox as the transportation industry works to address our significant
infrastructure needs."
APTA's Transit Savings Report Finds Big Savings
Riding public transit saves individuals an average of more than $846 this month and $10,140 annually, according to APTA's latest Transit Savings Report. These savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle and includes the July 16 average national gas price.
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SAVE THE DATE |
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Early-bird registration is now open for the 2014 APTA Annual Meeting & EXPO, Oct. 12-15, in Houston. The industry's premier event will feature first-rate speakers, more than 750 exhibitors, and sessions focused on vital public transit issues. See the upcoming special Annual Meeting & EXPO issue of Passenger Transport for more details.
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