According to the American Association of State Highway and Transportation Officials, there are nearly 7,500 highway projects throughout the country worth more than $47 billion that could be started almost immediately.'The Federal Highway Administration estimates that each billion dollars invested in federal-aid highway projects generates approximately 30,000 jobs.'Therefore, this spending level could, in a very short time span, create at least 1.4 million good jobs, while also making our highways safer and less congested.
ATA urges Congress and the Obama Administration to expedite funding for ready-to-go highway projects while continuing to work toward quick passage of a long-term highway bill with robust funding for highway projects that yield significant national and regional economic benefits.