Feds warn states about highway funding cut off
The Obama administration is warning state transportation departments that it will have to stop authorizing payments for construction projects on May 31 unless Congress reaches a deal to extend federal infrastructure funding.
The current transportation funding measure is scheduled to expire on May 31, and lawmakers are struggling to come up with a way to pay for an extension.
Transportation Secretary Anthony Foxx has said previously that the agency has enough money to cover existing projects until the end of summer, but he said in letter to state departments of transportation on Monday that he will be unable to make new payments if Congress allows the law that authorizes the federal government's infrastructure spending to expire.
"As you know, the most recent Congressional extension of the surface transportation authorization, Moving Ahead for Progress in the 21st Century, is set to expire on May 31, 2015, less than three weeks from now," Foxx wrote.
Read more: http://thehill.com/policy/transportation/241674-feds-warn-states-about-potential-highway-funding-cut-off
[font color=green]I apologize for the link, but I do not see this story being covered elsewhere.[/font]
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