NCPPP recommends that Congress reauthorize the federal credit program for surface transportation (referred to as TIFIA) with a larger volume of credit capacity and greater flexibility. The budget authority should be increased to $500 million per year to enable funding of all projects in the pipeline and increased volume of projects expected in the future. TIFIA credit support should be allowed to fund up to 50 percent of eligible project costs and the "springing lien", which activates in the event of default leading to bankruptcy, elevating the TIFIA loan to a parity status with senior project debt hindering the ability of senior project debt to obtain investment grade ratings, should be eliminated.