Wednesday, October 28, 2009

Highway Trust Fund To Advance By Baby Steps

Senate Environment and Public Works ranking member James Inhofe said yesterday that it looks like the federal Highway Trust Fund will get another one month funding extension at current levels while House and Senate leaders continue trying to iron out their differences over proceeding towards a full six year reauthorization and the revenue sources for funding $500 billion over the six year reauthorization period. Senate leaders fear the revenue debate will get in the way of work on health care reform and climate change, the Obama administration’s apparent top priorities. Meanwhile, a construction industry already on life support awaits news regarding whether there is any medicine in the cabinet to keep it alive while Congressional leadership postpones the search for a cure.
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