Business community urges Congress to fund transportation infrastructure
In a letter sent to the Kentucky Congressional delegation on Wednesday, the Kentucky Chamber urged federal policymakers to adopt a comprehensive infrastructure plan that includes raising the gas tax, encouraging the use of public-private partnerships, and streamlining permits for transportation projects.
The letter referenced Kentucky’s economic growth due to policies endorsed by the Chamber at the federal and state levels and the need to support this growth and future growth with investment in infrastructure.
In the letter, Ky. Chamber President and CEO Dave Adkisson noted Kentucky’s need for increased transportation funding and the critical role infrastructure plays in Kentucky’s economy.
“Although Kentucky has identified more than $8 billion in projects as priorities, they have not been funded. Consequently, our state continues to receive poor grades on transportation infrastructure on the American Infrastructure Report Card. These projects include new bridges connecting Kentucky to Ohio and Indiana—projects that are very much in need of federal funds,” Adkisson wrote.
Kentucky’s transportation infrastructure moves $500 billion worth of goods annually and supports the Commonwealth’s workforce. The Kentucky business community believes infrastructure investment is something the current, divided Congress must take up in 2019.
“The time to build is now,” Adkisson concluded.