It’s time for SMA members to stand up for infrastructure investment as part of COVID-19 relief efforts.
Please join the SMA and other members of the Steel Industry Coalition (SIC) in urging President Trump and your members of Congress to invest in American-made infrastructure, which will create millions of good-paying jobs and provide a major boost to the economy.
To restart the economy, Congress needs to look at realistic, viable options to offer employment opportunities to Americans. Infrastructure investment is key to jumpstarting our economy by creating jobs and tax revenue. Unfortunately, State Departments of Transportation (DOTs) and those businesses that create products for infrastructure projects across the country are in crisis mode and the situation is getting worse day by day. In 2019, state transportation revenues totaled roughly $111 billion. Due to COVID-19, state DOTs expect at least a 30 percent loss in state transportation revenues in the next 18 months amounting to roughly $50 billion which could result in shelving construction projects, while reducing future project lettings.
Highlighting the need for this critical state DOT funding, Steel Caucus Chairman, Congressman Conor Lamb (D-PA) and Congressman Bob Gibbs (R-OH) sent a letter to House leadership requesting immediate emergency funding of State DOTs. This bipartisan letter contains 135 signatures, and counting, from Democrats and Republicans across the country. Its timing coincides with the introduction of the Heroes Act, a $1T proposal to respond to the COVID-19 pandemic and our nation’s economic crisis.
Three things the President and Congress can do right now are:
- Approve Immediate emergency funding of $50 billion in federal funding to state Departments of Transportation (DOTs)
- Pass a long-term surface transportation reauthorization bill.
- Include Infrastructure investment as a critical component of the next phase of COVID-19 relief.
We need American jobs, building American infrastructure for American people. To send your letter click here.