Volume XX No.45: November 6, 2015
This week, the House of Representatives passed a long-term transportation bill that would provide $325 billion on transportation projects over the next six years. The Senate passed its own transportation bill (Developing a Reliable and Innovative Vision for the Economy or DRIVE Act) in the summer, and the two still need to be reconciled. With the exception of a 2-year extension in 2012, Congress has not been able to agree on a long-term transportation package for almost a decade; it has passed – count ‘em – 33 short-term extensions. Getting a long-term deal over the finish line will be the first test for newly minted House Speaker Paul Ryan (R-WI).
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