CONGRESS PASSES 90-DAY TRANSPORTATION EXTENSION
Posted by Graniterock on Mar 18, 2015
Facing expiration of the latest extension of highway spending authorization on Saturday, March 31, the House and Senate passed a 90-day extension (the 9th) allowing for funding of the highway and transit programs and collection of the federal motor fuels taxes (the gas tax) to continue through the end of June. The bill will now go to the President who is expected to sign it before the current extension expires. With both the House and Senate scheduled to go into recess on Friday for the next two weeks, the action was necessary to avoid a shutdown of the Federal Highway Administration (FHWA) and a halt of reimbursements to states for ongoing highway construction contracts.
Both the House and Senate, members of both political parties, continue to support highway expansion and maintenance funding but there is disagreement over whether or not the funding level should match or exceed the total gasoline and diesel taxes collected (pump taxes) and how many years the new funding bill should last.
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