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Multimodal panel hopes for best with proposed $2 trillion infrastructure bill

from Engineering News-Record

A funding plan for a $2 trillion infrastructure package recently discussed by President Donald Trump and Democratic congressional leaders has yet to emerge, but a panel of industry trade group CEOs sees at least some hope of achieving a strategy palatable to both parties. Appearing at a recent engineering industry event, the panel agreed that the biggest obstacle to an agreement remains the federal fuel tax, last changed in 1993. Another potential stumbling block is confusion over the role of alternative revenue-generating strategies such as vehicle miles traveled. Also to be determined is whether an infrastructure plan heavy on traditional road and bridge construction can compete or even co-exist with the proposed "Green New Deal," which stresses a shift toward cleaner transportation technologies. more


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