The Surface Transportation Reauthorization

Although the Senate has passed its version of the multi-year surface transportation reauthorization, agreement in the House is harder to reach.
March 3, 2004, 10am PST | Chris Steins | @urbaninsight
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House transportation leaders have given up hope of holding our for their previously announced target of a $375 billion measure and instead are considering a level close to the Senate-passed level of $318 billion. The White House has threatened to veto anything that exceeds its proposed funding level of $256 billion. While the precise outcome of the bill is hard to predict, there seems to be enough good will and self-interest on all sides to negotiate a compromise, avoid a presidential veto and enact a multi-year surface transportation legislation during the current session of Congress.

Thanks to C. Kenneth Orski

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Published on Tuesday, March 2, 2004 in Innovation Briefs
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