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Mon February 25, 2013
MI Business Leaders Want Fast Boost in Road Funding
Michigan business leaders say they’re afraid state lawmakers may miss their best chance to raise the money needed to repair roads.
Governor Rick Snyder has had a tough time selling his plan to increase road spending to the legislature. It would raise the state’s gas tax and vehicle registration fees to boost road funding by more than $1 billion a year.
The Michigan Chamber of Commerce's Jim Holcomb says state officials have to come to an agreement, and fast.
“Our biggest concern at the Michigan Chamber is no action at all," says Holcomb. "This is such a crucial problem, we’re in a crisis in Michigan, and we really need the Legislature and the governor to act now.”
The coalition says the cost of fixing the state’s infrastructure gets more expensive every year.
Some legislative leaders don’t support raising taxes and fees. But they say they’re open to finding other ways to boost road funding.