In response to U.S. Secretary of Transportation Elaine Chao’s testimony today, Valley Industry and Commerce Association President Stuart Waldman said:
“After three hours of testimony by Secretary Chao, it’s not any clearer how the Administration plans to raise $200 billion in new federal revenue or incentivize $1.3 trillion dollars in state, local and private sector investment for infrastructure improvements. We find it disingenuous that, while touting increased infrastructure investments, the Administration is simultaneously proposing to slash critical federal grant programs for transportation.
“VICA welcomed the initial outline of the White House proposal and supports some of its stated goals and principles, such as streamlining the federal permitting process and facilitating public-private partnerships.
“However, we are sorely disappointed by the continued lack of specifics and follow through by the Administration to ensure that Congress delivers a comprehensive infrastructure package.
“In California and Los Angeles, we have taken it upon ourselves to begin repairing and rebuilding our roads and transit systems. We call on Congress and the White House to develop an infrastructure bill that will ensure a strong federal partnership to maintain our momentum and help us deliver a world-class transportation system.”
U.S. Secretary of Transportation Elaine Chao testified today at the U.S. House Transportation and Infrastructure Committee on President Donald Trump‘s infrastructure proposal. Last month, the White House released its “Legislative Outline for Rebuilding Infrastructure in America,” which envisions $1.3 trillion in infrastructure investments over the next 10 years bolstered by $200 billion in federal seed money.
Contact: Stuart Waldman, President
Valley Industry and Commerce Association (VICA)
Office: (818) 817-0545 / Cell: (818) 439-1983