U.S. House passes $10.9 billion transportation funding extension

[Eugene]

Source: Reuters

U.S. House passes $10.9 billion transportation funding extension

BY DAVID LAWDER
WASHINGTON Tue Jul 15, 2014 6:12pm EDT

(Reuters) - The U.S. House of Representatives on Tuesday overwhelmingly passed a $10.9 billion extension of U.S. transportation funding through May 2015, a measure aimed at averting cutbacks in August in federal money for road, bridge and transit projects.

The measure, paid for largely through revenue generated by pension accounting changes and higher customs user fees, passed on a 367-55 bipartisan vote, despite opposition from outside conservative groups.

Senate Majority Leader Harry Reid said that "as soon as I can get to it," the Senate would begin considering a similar, $10.8 billion measure with some alternate funding provisions in the coming days.

Without new money for the Highway Trust Fund, the Department of Transportation has said it will start to cut back federal funding for projects by nearly a third starting on Aug. 1, the same day Congress begins a five-week summer recess.

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Read more: http://www.reuters.com/article/2014/07/15/us-usa-transportation-house-idUSKBN0FK2GT20140715

[Louisiana1976]

1. That's good news. I hope Harry Reid gets to it soon.

[jehop61]

2. Don't cheer too loud

part of it's being paid for by making accounting changes that will allow corporations to further under fund pensions legally. A victory for them.

[lonestarnot]

3. And that was for just the pot holes or what have you?

[Fred Sanders]

4. 55 hardcore teabsggers exposed as not wanting to govern, what was their on the record excuse?

Did Jesus tell them not to build roads and bridges?