Diaz-Balart Introduces Bill to Fund Transportation Reauthorization Bill

For Immediate Release:
June 18, 2009

WASHINGTON, D.C. -- Congressman Mario Diaz-Balart today introduced the Highway Trust Fund Reclamation Act (the “RECLAIM” Act) which would rescind unused funds, with the exception of highway funding, from the American Recovery and Reinvestment Act, the so-called “Stimulus Bill” and assign those funds to the soon to be insolvent Highway Trust Fund.

“This Administration and Congress have spent trillions of taxpayer money on bailing out Wall Street and Detroit while neglecting to fund our nation’s roads and bridges. We need to invest in our deficient transportation infrastructure system which will create thousands of jobs and stimulate our nation’s economic growth,” said Diaz-Balart.

“Unfortunately less than 7% of stimulus funding was dedicated to transportation infrastructure. Instead billions have been spent on increasing government bureaucracies and wasteful spending. This bill will create jobs without further increasing the deficit or the national debt.”