Senate aims for long term transportation bill | Ex-Im bank could be tied to deal
SENATE AIMS FOR LONG-TERM TRANSPORTATION BILL
Sens. Barbara Boxer and James Inhofe introduce six-year transportation funding bill. The Hill:
“…the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, calls for appropriating nearly $43 billion per year … contingent upon lawmakers coming up with a way to pay for it … The federal government typically spends about $50 billion per year on transportation projects, but the gas tax only brings in approximately $34 billion annually.”
http://thehill.com/policy/transportation/245891-advocates-cheer-275b-senate-highway-bill
Senate Finance Committee working on funding measure. Roll Call:
“‘I’m doing everything I possibly can, and we’ve got some ideas, but we’ll just have to see,’ Finance Chairman Orrin G. Hatch said Tuesday. That panel has a hearing on transportation financing set for Thursday…”
http://blogs.rollcall.com/wgdb/highway-bill-2015-jim-inhofe-barbara-boxer/
Ex-Im Bank reauthorization could be attached to it. Roll Call:
“Senate Majority Leader Mitch McConnell said Tuesday the highway bill would be the ‘obvious place’ for a vote to keep the bank alive.”
http://blogs.rollcall.com/wgdb/highway-bill-2015-jim-inhofe-barbara-boxer/?dcz=