March 30, 2012
The Hill reports:
The Senate approved the extension of federal highway funding that was passed by the House on Thursday, accepting a short-term solution leaders in the chamber vehemently opposed.
The measure, H.R 4281, now goes to President Obama. It extends the current funding for road and transit projects until June 30, the ninth such continuance of the last multiyear highway authorization that was approved by Congress, which expired in 2009. …
The approval of the highway funding stopgap averts an interruption in the federal government’s authorization to collect the 18.4 cent-per-gallon gas tax, which had been set to expire Saturday. The money is traditionally used to fund transportation projects.
While Congress seems unwilling to pass a long-term transportation bill or agree how to pay for it, theDecember 2011 Reason-Rupe poll found 77 percent of Americans oppose increasing the federal gas tax, while 19 percent favor raising the tax.
This article was posted: Friday, March 30, 2012 at 10:56 am