According to Transportation Department, Highway Trust Fund Will Have a Shortfall In August / Casey Pushes to Keep Trust Fund Solvent Through Next Several Months; Region’s Business Leaders to Discuss Consequences to Economy / Allowing Projects to Stop During Middle of Construction Season Would Harm PA’s Economy, Stunt Job Growth
Philadelphia, PA - With Philadelphia and Southeastern Pennsylvania infrastructure projects facing a federal funding shortfall in the coming weeks without Congressional action, U.S. Senator Bob Casey (D-PA), joined by business leaders, city officials and Montgomery County Commissioners Josh Shapiro and Leslie Richards pushed for passage of a measure that will keep the highway trust fund solvent through the end of the year to keep critical job creating infrastructure projects on track for this year. According to the Department of Transportation the Highway Trust Fund (HTF) could see a shortfall in early August. Halting these infrastructure projects could negatively impact jobs and economic growth. Standing in front of a structurally deficient and functionally obsolete bridge, Casey, local officials and business leaders from Southeastern Pennsylvania called for action and discuss the consequences of a funding shortfall in the Highway Trust Fund.
“Allowing a shortfall to occur in the Highway Trust Fund will cost jobs in Philadelphia and harm economic growth throughout Southeastern Pennsylvania,” Senator Casey said. “We cannot allow the infrastructure equivalent of a government shutdown to occur. Congress should come together this week and keep the trust fund solvent so these job creating infrastructure projects can move forward.”