Tags: US | Transportation Bill

House OKs $305B Highway Bill

Thursday, 03 Dec 2015 01:41 PM

The House has overwhelmingly approved a five-year, $305 billion transportation bill that boosts highway and transit spending.

The measure assures states that federal aid will be available as they plan major projects.

Senate action is expected to follow soon.

The bill doesn't include as much money or last as long as many lawmakers and the Obama administration would have liked. It also doesn't resolve how to pay for transportation programs in the long term.

Still, it's praised by industry and public officials as a major accomplishment for ending the last-minute, short-term extensions that have kept the federal Highway Trust Fund on the edge of insolvency for much of the past eight years.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
US
The House has overwhelmingly approved a five-year, $305 billion transportation bill that boosts highway and transit spending.The measure assures states that federal aid will be available as they plan major projects.Senate action is expected to follow soon.The bill doesn't...
US, Transportation Bill
112
2015-41-03
Thursday, 03 Dec 2015 01:41 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved