The Surface Transportation Reauthorization
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