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Missouri Department of Transportation

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MoDOT News Release 

For more information, contact Kristi Jamison, 573-526-2482 or Sally Oxenhandler, 573-751-7456.

September 16, 2008 12:00 AM
Statement from MoDOT Director Pete Rahn on Federal Highway Trust Fund

JEFFERSON CITY - "MoDOT is grateful that Congress and the President have moved quickly to alleviate the financial crisis we all faced as the Highway Trust Fund plunged into insolvency.

 The fact is that this is a short-term solution. The action to replace some $8 billion previously taken out of the Trust Fund buys us one year's breathing room to focus on how the nation will meet its future transportation needs. We have to face up to the reality that America must rebuild and renew our aging system if we hope to give our children the same chance at prosperity that we've had.

 I hope the bipartisan cooperation that brought all parties together in this crisis will continue as we address the challenge that is just around the corner," said MoDOT Director Pete Rahn.

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