Thursday, January 26, 2012
DC.Streetsblog.org
by Ben Goldman
There’s been plenty of buzz over the last few days surrounding Congress’s efforts to pass a multi-year transportation bill.
When Congress adjourned last month, the Senate had made significant progress on a two-year bill. In the House, Rep. John Mica had repeatedly promised a five- or six-year bill, but nothing had been introduced. Now, finally, Congress is showing signs of picking up where they left off. Here’s a rundown of the latest:
Details of House Transportation Bill Emerge…
According to multiple sources, the House transportation bill – called the American Energy & Infrastructure Jobs Act – reauthorizes highway and transit programs for five years at around $52 billion per year, for a total of $260 billion. It seems likely that the bill would use revenue from oil and gas drilling fees. Mica is reportedly still pushing for a sixth year... FULL ARTICLE
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Thu, January 26, 2012
by John Cox