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A bid by conservatives in the House and Senate to effectively eliminate the federal highway program is drawing fire from American Trucking Associations and other transportation interests.
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President Obama has signed the latest short-term extension of the federal highway program, starting a 10-month clock on yet another funding deadline.The $10.8 billion bill, passed by Congress at the last moment before the Highway Trust Fund dipped into the red, will keep the fund solvent until next May.
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Congress is inching ever closer to the edge of insolvency for the Highway Trust Fund. On Thursday afternoon the House rejected the Senate’s bill to patch the Fund into December and sent its original bill back to the upper chamber.
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The Senate Thursday night approved a $10.8 billion House bill to keep the Highway Trust Fund solvent through next May. This ensures that highway funding will continue for the next 10 months.
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The Senate passed a short-term patch to keep the Highway Trust Fund solvent until December 19, in effect setting up a vote this year on a long-term highway program. The $8 billion bill now goes to the House, which must act quickly if Congress is to keep the fund from going over the precipice.
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The Senate is poised to debate and vote on a patch to keep the Highway Trust Fund solvent until a long-term program can be funded. The question for debate is, how long will the patch last?
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Congressional passage of a short-term patch for the Highway Trust Fund will avert the immediate crisis but not be cause for celebration, said Transportation Secretary Anthony Foxx. Foxx and other transportation leaders are calling on Congress to preserve long-term funding for surface infrastructure.
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Congress is inching closer to passage of a stopgap measure to prevent the Highway Trust Fund from drying up this summer. The House this week passed a $10.6 billion bill and the Senate is going to choose between a similar measure or a long-term bill.
Read More →The U.S. House on Tuesday passed legislation on Tuesday afternoon providing enough money for the Highway Trust Fund through May 2015.
Read More →The U.S. House could vote as soon as early next week on legislation to prop up the Highway Trust Fund, before it runs out of money.
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