House bill would maintain transportation spending status quo
Source: AP
By JOAN LOWY
WASHINGTON (AP) Despite widespread calls to fix crumbling highways, bridges and rail systems, a House bill introduced Friday maintains spending at current levels suggesting Congress is unlikely to soon tackle a growing transportation maintenance and modernization backlog.
The bipartisan, six-year bill provides about $325 billion over the next six years, continuing the current spending rate while allowing for inflation, congressional officials said.
The Senate passed a similar bill in July that would allow $350 billion over six years but provide funding for only the first three years. Industry lobbyists are already trying to roll back key spending provisions in the Senate version they argue are unfair or unwise.
Transportation Secretary Anthony Foxx said last month that $400 billion over the next six years is "the absolute minimum level of investment" needed to keep traffic from worsening. Others who have called for significant increases in federal transportation spending include two congressionally-chartered commissions, the trucking industry and companies that ship their goods by truck, dozens of state and local officials, the U.S. Chamber of Commerce, labor unions and associations representing the construction and equipment industries, civil engineers and state transportation departments. Sen. Bernie Sanders of Vermont, a Democratic president candidate, introduced a bill earlier this year to spend $1 trillion on transportation over five years.
FULL story at link.
Read more: http://bigstory.ap.org/article/72c0fd0149264532918efd4407496888/house-bill-would-maintain-transportation-spending-status
seaotter
(576 posts)to do NOTHING.
hibbing
(10,095 posts)Just how much are we spending for the two wars we know about a day?
Peace
davidpdx
(22,000 posts)Eventually there are going to be a shit load of bridges and overpasses (not to mention other types of infrastructure) that fail. We have been lucky thus far, but how long can we continue to gamble with people's lives?