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Infrastructure Week, Day Two

RR051419 PelosiMay 14, 2019 – Today, House Speaker Nancy Pelosi (D-Calif.) will address nearly 500 transportation design and construction executives, and labor union officials attending the annual Transportation Construction Coalition (TCC) Washington Fly-In. Speaker Pelosi is expected to detail highway and transit investment policy issues, including the $2 trillion infrastructure investment proposal she discussed April 30 with President Donald Trump and Senate Minority Leader Charles Schumer (D-N.Y.).

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It's Infrastructure Week!

RR051319 InfrastructureWkSqMay 13, 2019 – Infrastructure Week is a national week of high-profile events, media coverage, focused advocacy and other efforts held around the country to build momentum for revitalization of America’s economic competitiveness through rebuilding the nation’s infrastructure. Rock Products is proud to take part.

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NSSGA, Lawmakers to Hold Press Conference

RR051019 Infrastructure SqMay 10, 2019 – National Stone, Sand and Gravel Association (NSSGA) Chairman Bob Weldon and members of the Highway Materials Group will join Reps. Earl Blumenauer (D-Ore)., and Rodney Davis (R-Ill.), for a press conference on Tuesday, May 14. The speakers and members of the House Transportation & Infrastructure Committee will call for increased and sustainable infrastructure funding and recognize National Infrastructure Week. 

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Playing All The Hits

RR050819 JohnsonMay 9, 2019 – Well, he's not a singer or a DJ that I know of, but he has certainly been on the radio. Last week, Mike Johnson, NSSGA president and CEO, appeared on radio stations in Celina, Ohio, Northwest Washington, and the Quad Cities Region of Iowa and Illinois to discuss President Trump's infrastructure meeting with Speaker Pelosi and Minority Leader Schumer. Hear what Johnson had to say about that meeting here and about the cost of poor infrastructure here.

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Save the Highway Trust Fund

RR050719 HTFMay 7, 2019– The Highway Trust Fund receives roughly 85% to 90% of its revenue from excise taxes on motor fuel, commonly known as the “gas tax.” Since 1993, fuel tax rates have been fixed at 18.4 cents per gallon for gasoline, and 24.4 cents per gallon for diesel. Taxes on tires and heavy vehicles (trucks) make up the rest of the fund’s income. Because the federal gas tax is not pegged to inflation and has not been raised since 1993, the purchasing power of the revenue has eroded over time — over 40% less today than in 1993. What’s more, rising construction costs and the growing needs of an aging highway system have placed a greater strain on the fund, resulting in recurring funding shortfalls in recent years. Want a comprehensive explanation of the Highway Trust Fund? Go to the Peter G. Peterson Foundation's page, The Highway Trust Fund Explained.

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