Following years of policy development and months of negotiations, Congress today passed the Infrastructure Investment and Jobs Act (IIJA). The historic $1.2 trillion investment package provides five years of surface transportation reauthorization funding in addition to funding for new programs aimed at improving the reliability, safety, and resiliency of the country’s transportation infrastructure. In total, the bill will invest $567.4 billion in our nation’s transportation systems.
The Coalition for America’s Gateways and Trade Corridors (CAGTC) congratulates Congress and the Administration on delivering this generational investment in our nation’s infrastructure. The IIJA makes $77.9 billion available to fund freight system needs across the United States, including a 40 percent funding increase for the existing freight formula and Infrastructure for Rebuilding America (INFRA) programs. While unprecedented, this level of funding is needed to address freight infrastructure development backlogs across the nation.
Since its inception 20 years ago, CAGTC has been a proponent of the competitive grant process to fund large-scale freight infrastructure projects, which are difficult to fund through traditional distribution methods such as formula programs. In particular, CAGTC has advocated for competitive grant programs that select projects through merit-based criteria that identify and prioritize investments with a demonstrable contribution to national freight efficiency. The IIJA provides an unprecedented $100 billion in broad funding flexibility through its discretionary grant programs.
"We applaud President Biden and Congressional proponents for their leadership in enacting this bipartisan infrastructure bill which will stand as a transformative achievement for our nation. The bill will authorize unprecedented levels of funding for highway and multimodal programs and freight policies long championed by CAGTC. The Infrastructure Investment and Jobs Act will help strengthen and rebuild our national freight network, which is facing growing supply chain demands after decades of federal underinvestment," said Paul Hubler, Chairman of CAGTC and Director of Government and Community Relations for the San Gabriel Valley Council of Governments.
A commitment to investment in goods movement and dedicated funding for freight programs is critical to ensure a safe, efficient, reliable, multimodal supply chain that will continue to stoke the engine of commerce and support job growth. CAGTC has called for a comprehensive goods movement policy with funding commensurate to our nation’s vast system needs since its formation in 2001. Our Coalition looks forward to working with lawmakers and administrators in the coming months and years to ensure that our national freight network benefits from the IIJA’s investment and policies provided by this historic legislation.