The extension of the so-called highway bill is a stopgap measure as Congress debates a longer-term solution.
Rep. James Oberstar, chairman of the Transportation and Infrastructure Committee, has led the charge for the immediate passage of a six-year authorization bill worth $500 billion to improve investment in transportation infrastructure and safety programs. The Obama administration and key Senate and Republican leaders prefer an 18-month extension of the current programs to provide time to carefully formulate new policy directions and avoid raising fuel taxes during a recession.
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| Oberstar |
The bill, which now goes to the Senate, does not address an $8.7 billion cancellation in Department of Transportation budget authority mandated in previous laws.
The American Association of State Highway and Transportation Officials said the loss of federal contract authority would devastate many state transportation departments that are having difficulty finding enough revenue during the recession to maintain and upgrade roads and bridges.
Missouri, for example, would lose $202 million in contract authority, with the greatest impact on local bridges and metropolitan planning organizations, it said. Michigan stands to lose $263 million, about a quarter of what it received through the stimulus spending program. ' Eric Kulisch
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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