CAGTC Members,
Yesterday, the full Senate Committee on Commerce, Science and Transportation held a hearing titled “Rebuilding Infrastructure in America: Administration Perspectives.” Witnesses included: Secretary Elaine Chao, U.S. Department of Transportation; Secretary Wilbur Ross, U.S. Department of Commerce; Secretary Alexander Acosta, U.S. Department of Labor; Secretary Sonny Perdue, U.S. Department of Agriculture; and Secretary Rick Perry, U.S. Department of Energy. You can find a recording of the hearing online here and a summary of relevant conversation here.
A few key takeaways from the hearing:
- There was support for permitting reforms by many of the Senators.
- There was much discussion as to how the proposal will be funded. The Secretaries all stood by the Administration’s argument that the $200 billion in direct Federal investment will leverage around $1.5 trillion in total investment.
Thank you,
Katie Cross
Manager, Member Communications & Policy
Coalition for America’s Gateways and Trade Corridors
1625 K Street NW
Suite 1100
Washington, DC 20006
tradecorridors.org