House Passes Bill To Keep Highway Aid Flowing To States

Officials stressed that no decisions had been made on either the duration or the financing of a longer-term highway measure that Senate Republicans are likely to advance in the coming days. Without an infusion of cash, the balance in the federal Highway Trust Fund is forecast to drop below $4 billion — the minimum cushion needed to keep money to flowing to states without interruption — by the end of this month. The White House released a statement supporting that measure, saying "the unfortunate reality is that, due to inaction," Congress needs more time to work on a more permanent approach. Since 2009, Congress has passed 34 short-term bills to fund transportation programs. The biggest holdup has been how to pay for a long-term bill because most lawmakers do not want to raise federal gasoline taxes, the chief source of revenue for the programs. Federal fuel taxes and other fees bring in about $35 billion a year, while the government spends about $50 billion on these transportation programs.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News