January 9th, 2017 by WCBC Radio
In the coming weeks Congressman John K. Delaney (D-MD-6), Congressman Ted Yoho (R-FL-3) and Congressman Rodney Davis (R-IL-13) will introduce a pair of bipartisan infrastructure bills using revenues from international tax reform to upgrade America’s infrastructure. Congressman Delaney and Congressman Davis will bring forward The Partnership to Build America Act, legislation that creates a new American Infrastructure Fund (AIF) to finance state and local projects. Congressman Delaney and Congressman Yoho will file The Infrastructure 2.0 Act, legislation that includes the AIF and provides additional long-term revenues to stabilize and expand the Highway Trust Fund.
Delaney has advocated for this framework for the last four years, drawing support from over 40 Republican and 40 Democratic cosponsors in the House and Senate since 2013. Delaney’s framework was also included in President Obama’s budget. President-elect Donald Trump has repeatedly stated his support for new infrastructure and for international tax reform.
“If the next President and leaders in Congress want to rebuild America in a fiscally-responsible way that has deep bipartisan support, we’ve given them a blueprint. A bold infrastructure-tax deal that combines legitimate support for new projects and pro-growth reform would be transformative for the country, for our economy and our quality of life,” said Congressman Delaney. “Congressman Yoho, Congressman Davis and I represent different districts and bring different perspectives to Washington, but we see the same set of facts and we’re excited to lead the effort to get a smart and fair infrastructure-tax deal done.”
“The Infrastructure 2.0 Act is a common sense piece of legislation that provides secure long-term funding for our nation’s ailing infrastructure,” said Congressman Yoho. “The bill provides dependable funding to the Highway Trust Fund (HTF) outside of the usual Washington appropriations process and tax payer contributions – which often underfunds the HTF. This will bring an air of certainty to funding America’s roads and bridges while allowing for long term planning. Additionally this will remove the uncertainty that accompanies Washington’s usual short term budget band-aids and gimmicks.”
“If our country is going to invest in infrastructure and spur job creation, we need innovative, bipartisan funding solutions like this legislation that brings public and private entities together to leverage investments,” said Congressman Davis. “I am encouraged by President-elect Trump's interest in passing an infrastructure bill and I hope the Partnership to Build America Act will be part of it.”
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