Waiting at the on ramp.* The Associated General Contractors Associated General Contractors of America is the nation's oldest and largest trade association representing the construction industry. It was formed in 1918 following a request by President Woodrow Wilson. of America (AGC AGC Automatic Gain Control AGC Automotive Glass Cartridge (fuse) AGC Associated General Contractors AGC Associated General Contractors of America AGC Atypical Glandular Cells AGC Attorney-General's Chambers ), Washington, is foremost among the interested parties waiting for Congress to finalize a multi-year federal transportation spending bill, working its way through Capitol Hill as the Transportation Equity Act: A Legacy for Users (TEA-LU TEA-LU Transportation Equity Act - A Legacy for Users (federal highway spending) ). In late February, the AGC arranged for many of its members to fly into Washington to personally remind Congressional representatives of the importance of the bill to its constituents. "The House Transportation & Infrastructure Committee should be allowed to follow the lead of the Chairman and pass TEA-LU," says Stephen E. Sandherr, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the trade group. "The Senate has acted and now the House Leaders need to support action on a comprehensive six-year package that includes a minimum of $318 billion funding level to address the needs of the federal-aid highway and transit programs." The AGC has also expressed alarm that the Bush Administration's $2.4 trillion budget submission "misses an opportunity to improve the American quality of life." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a press release from the AGC, the House and Senate are considering legislation to significantly increase funding for highways and transit along with legislation that would significantly increase funding for water and waste water systems nation-wide. Despite Congressional preference to fund these programs at a higher level, the president's budget recommends flat-line funding or cuts. Administration funding for the Army Corps of Engineers General Construction Program is recommended for funding that would flat-line its efforts. This decision comes despite the fact that both the House and Senate expressed concern about how funding cuts had caused significant cash management problems for important Corps' flood control and dredging dredging, process of excavating materials underwater. It is used to deepen waterways, harbors, and docks and for mining alluvial mineral deposits, including tin, gold, and diamonds. projects. |
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