Washington – Business Roundtable today released the following statement regarding policy frameworks and principles for infrastructure modernization introduced by members of the U.S. House of Representatives:
“Business Roundtable welcomes the introduction of policy frameworks and principles for infrastructure modernization by members of the U.S. House of Representatives. We thank House Committee on Transportation and Infrastructure Chairman Peter DeFazio and Ranking Member Sam Graves for their leadership in continuing the important conversation on how to turn one of America’s economic weaknesses into an economic strength. We look forward to reviewing the components of these proposals and encourage Congress and the Administration to work together toward bipartisan legislation that would make a significant and sustained investment in renewing America’s infrastructure.
“A recent Business Roundtable study shows that every additional dollar invested in infrastructure would deliver roughly $3.70 in additional economic growth over 20 years. Legislation to rebuild our roads, highways, bridges, airports and waterways should complement, not counteract, policies that have contributed to a strong economy. Leaders of America’s largest employers stand ready to work with policymakers to deliver for American workers, families and commuters.”