Washington, D.C. – December 20, 2017 – Marcia Hale, President of Building America’s Future, issued the following statement in response to the tax bill passed today by the U.S. Senate.
“We are pleased with Congress’ decision to keep the tax preferred status for private activity bonds in the final version of the tax overhaul bill. These bonds are used to finance important infrastructure projects such as airports and toll roads, and are essential to ensuring passengers don’t bear even more burdens. However, we are disappointed that infrastructure was never tied to the tax reform package. This was a wasted opportunity to inject much needed funding into the Highway Trust Fund and to take steps to ensure the long-term solvency of the Highway Trust Fund. We urge President Trump and Congress to prioritize infrastructure in January, and work together to develop a bipartisan and strategic bill that provides long-term funding.”
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