BUILDING THE FUTURE FOUNDATION LAUNCHES CAMPAIGN TO SUPPORT TTF REAUTHORIZATION

Releases Report Showing Economic Importance of TTF Funding

EAST BRUNSWICK – Building the Future Foundation today announced it is launching a six-figure paid media campaign to support passage of A4011/S2931, legislation that would reauthorize funding for the Transportation Trust Fund for another five years. Building the Future Foundation is supported by LiUNA, the Utility and Transportation Contractors Association of New Jersey (UTCA), the American Council of Engineering Companies of New Jersey and the New Jersey State Chamber of Commerce.

Building the Future Foundation also released a study from the American Road & Transportation Builders Association (ARTBA) showing the numerous economic benefits of an annual $2.3 billion highway and bridge capital investment plan. These include:

• Increased annual business activity of $4.6 billion across all sectors of the economy
• Over 21,400 jobs per year
• These workers will earn an estimated $1.7 billion per year in wages
• Over half of these jobs – 55 percent – would be outside of the construction industry
• The additional economic activity would yield an estimated $432 million in state and federal tax revenue

The full ARTBA report can be viewed here. ARTBA is a federation whose primary goal is to aggressively grow and protect transportation infrastructure investment to meet the public and business demand for safe and efficient travel. ARTBA also provides programs and services designed to give its more than 8,000 public and private sector members a global competitive edge.

An example of one of the ads Building the Future Foundation is running is attached.

About Building The Future Foundation

Building the Future Foundation is a non-profit, social welfare organization that works to achieve sound legislation and public policies with respect to building infrastructure, economic development, and employment opportunities and economic security for working families. For more information on Building the Future Foundation, please visit www.buildingthefuturenow.net.

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