AASHTO Asks Congress for $50B Fiscal Backstop for State DOTs
The American Association of State Highway and Transportation Officials sent a letter to Congressional leadership on April 6 requesting the immediate emergency injection of $49.95 billion to offset an estimated 30 percent loss in state transportation revenues over the next 18 months. "State departments of transportation are forecasting a significant reduction in state transportation revenues that will challenge their ability to maintain and operate our transportation system in a way that can support the COVID-19 response," explained Jim Tymon, AASHTO's executive director, in a statement....
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