NEW INFRASTRUCTURE FINANCE PROPOSAL BY CONGRESSMAN JOHN DELANEY SHOULD SPUR VIGOROUS DEBATE OVER HOW TO USE TAX REFORM TO FIX INFRASTRUCTURE

Top Construction Official Says Measure “Puts Lot of Good Ideas on the Table,” Calls on Congress to Act Quickly to Find New Revenue and Pass Long-Term Surface Transportation Legislation

WASHINGTON, D.C. – February 1, 2015 – (RealEstateRama) — The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in response to the release of the Infrastructure 2.0 Act by Maryland Congressman John Delaney:

“The Congressman’s proposal puts a lot of good ideas on the table that we hope spur vigorous discussion over how best to use tax reform to finance America’s aging infrastructure. Congressman Delaney is a serious legislator who understands what levers Congress can use to spur economic growth. The introduction of this measure is another reminder that Congress should act quickly to address our growing infrastructure needs by identifying the best ways to pay for a long-term federal surface transportation program.”