ARTBA President & CEO Pete Ruane Statement on President Obama’s Infrastructure Investment Principles

(Washington, D.C.)—American Road & Transportation Builders Association (ARTBA) President & CEO Pete Ruane today released the following statement regarding the infrastructure investment principles outlined by President Obama September 6:

“On behalf of over 5,000 members of the American Road & Transportation Builders Association, we commend the President for his focus on infrastructure investment. He has correctly noted, as our members would attest, that infrastructure investment creates jobs, improves our global competitiveness and fuels economic growth.

“Passage of robust, multi-year transportation bills is essential to assure predictability and continuity in the domestic transportation design and construction industry, and to help achieve the national environmental, goods movement and safety goals we all share.

“Accordingly, the $50 billion investment proposed by President Obama must be part of a long-term reauthorization bill and not a stand-alone measure. Infrastructure investment is a proven cost effective public policy that provides recurring benefits for decades to come.”

Established in 1902 and headquartered in Washington, D.C., ARTBA represents the U.S. transportation construction industry before Congress, the Executive Branch, federal agencies, news media and general public.