Op-ed makes economic case for highway investment
NAPA Vice President for Government Affairs Nile Elam penned an opinion piece for the Washington Times‘ infrastructure-focused editorial section in March that explains how the nation can return its investment in highways five-fold.
In A $600B spark for America’s economic engine, Elam writes:
“According to the American Public Works Association, every dollar invested in transportation returns roughly $5 in economic benefits, and every $1 billion invested in surface transportation supports about 13,000 jobs. Meeting this moment could support nearly 8 million jobs and generate a $3 trillion economic boost.”
Elam suggests that a robust surface reauthorization package would help to capitalize on other policy momentum from tax and permitting reforms by unleashing the asphalt pavement industry’s potential.
“NAPA continues to work with Congressional stakeholders on passing this reauthorization package immediately, because we’re eager to support the critical work that benefits American companies, workers, drivers, and families,” Elam wrote.