Move Colorado is testifying today at the HPTE Board Meeting in support of the US 36 Managed Lanes contract. We will ask that this fact sheet – which provides broad context for the transportation funding challenges we face as a state – be entered into the record.
A new report by the American Road & Transportation Builders Association’s (ARTBA) chief economist shows the money invested in transportation construction industry employment and purchases generates $354 billion in annual U.S. economic activity — the equivalent of 2.25 percent of the Gross Domestic Product (GDP). That’s larger than the annual GDP of 153 nations, including Denmark ($333 billion), Israel ($243 billion) and oil-rich Venezuela ($316 billion).
Click here for complete information > Face the Facts USA
As 33 million of us hit the road for Labor Day weekend (AAA estimate), consider that although gasoline prices have tripled since 1993, the federal gas tax hasn’t budged one cent. It’s remained a flat 18.4 cents per gallon for nearly 20 years. The revenue goes to maintain highways and bridges in sore need of repair, but inflation has whittled its value down by 35 percent…