Foxx Reintroduces Highway Trust Fund Reform Act
WASHINGTON – Yesterday, Rep. Foxx reintroduced H.R. 3904, the Highway Trust Fund Reform Act of 2019 to stabilize the Highway Trust Fund. The bill would exempt federal government contractors from the Davis-Bacon Act’s outdated, wasteful labor requirements for federal-aid highway and public transportation projects. CBO estimates that repealing Davis-Bacon would save the Federal Highway Administration more than $700 million a year.
Rep. Foxx stated, “Transportation and infrastructure are key components of economic development efforts in North Carolina, and the Highway Trust Fund Reform Act would keep important road and bridge projects going in the short term while discussions continue on a long-term bill. The federal government can keep the Highway Trust Fund solvent and continue to fund important highway projects with the bill’s common-sense reforms to lower the cost of infrastructure contracts funded by the American taxpayer.”
U.S. Rep. Virginia Foxx represents North Carolina’s 5th Congressional District and is Republican Leader of the House Committee on Education and Labor.