Click here for the full text of Secretary Foxx's remarks at the National Press Club on which this blog post is based.
Almost since my first day as Secretary of Transportation, I have been ringing the alarm bell about the looming insolvency of the highway trust fund --the federal source that helps pay for our nation's highways and transit.
Last week--after weeks and weeks of alarm, an online Highway Trust Fund ticker we've updated every month, an April bus tour, meetings with dozens of governors and mayors and stakeholders, and a lot of my own shoe leather on Capitol Hill-- the U.S. House passed a measure to avert the crisis with a ten-month patch. Later this week, the Senate is expected to take up a similar measure.
But let's not kid ourselves: this is a short-term patch, and if it passes, it's hard not to imagine that Congress will simply hit the snooze button on this issue the next time it rolls around.