William G. Dorey Speaks Before Senate Committee (Photo: Business Wire)
Mr. Dorey's testimony highlighted the significant need for a long-term capital investment program that will rebuild and modernize the nation's transportation system and drive sustainable job creation. His comments were well received by the committee as evidenced by their agreement on numerous key points.
Some highlights from Mr. Dorey's remarks to the Committee are as follows:
"First, let me make it clear: transportation investment is just that—an investment. Investments pay dividends, and transportation investments pay dividends throughout our entire economy, far beyond the construction industry. I understand the need to cut red tape and unproductive government spending that does not contribute to job creation and growth, but we must not fail to support those investments critical to our economy."
"Congress must help Americans compete in the world economy by dedicating adequate funding to build the transportation system of the future. The agencies, designers, and construction community will put invested capital to work efficiently and get the job done. The funding program must be large enough to pay for what is required, and it must be a long-term commitment indexed for inflation and other variables like fuel-efficiency improvements."
"The Departments of Transportation and other transportation agencies across the country are led by quality people and staffed with talented and dedicated employees who are in the starting blocks, just waiting for the green light from you. The design engineering companies in America are the best in the world, and there is enormous excess construction capacity available to build projects. The piece of the puzzle that is missing—and, frankly, it has been missing for some time—is adequate stable funding."
"If we do this right, we can energize the country, put people to work, and encourage fuel efficiency that will improve air quality and reduce our consumption of foreign oil. I encourage you to consider new investment in transportation, not only as a short-term program to simply satisfy deferred maintenance on an aging infrastructure, but also as a long-term commitment to our future…"
An archived Webcast and transcript of today's testimony can be found at
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