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Building America's Future Statement on Passage of the INVEST Act

Washington, D.C. – June 10, 2021 – Early this morning, the House Transportation and Infrastructure Committee approved its five year surface transportation authorization bill titled the INVEST in America Act (HR 3684).  The $547 billion bill represents an increase of 34% over current spending levels and will make substantial investments in the nation’s roads, bridges, transit systems, safety programs, freight and passenger rail.  Additionally, the bill emphasizes a fix-it-first policy before capacity expansion and addresses climate change by providing funding for resiliency and environmental mitigation programs.  INVEST is expected to become the centerpiece of a larger infrastructure package.

In response to the Committee’s action, Building America’s Future Co-Chairs former Pennsylvania Governor Ed Rendell and former U.S. Secretary of Transportation Ray LaHood issued the following statements:

“With the Committee’s action today, we are one step closer to achieving President Biden’s vision for transformative investment in the nation’s infrastructure as embodied in the American Jobs Plan,” said Governor Ed Rendell.  “Not only will these investments serve as a boost to our economy, thousands of well-paying jobs will be created.  I encourage Congress to move swiftly and pass this legislation before the FAST Act expires in September.”

“While it would have been preferable for the bill to be crafted and approved by both Democrats and Republicans, INVEST does represent significant investment in America’s surface transportation infrastructure,” said Secretary Ray LaHood. “In particular, the increased investment in freight and passenger rail are welcome and the creation of a pilot program to study the feasibility of mileage-based user fee will help to address the long-term sustainability of the Highway Trust Fund.”

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