Congress is working on a multiyear highway authorization bill, but has been stymied over how to pay for a measure to replace the Transportation Equity Act for the 21st Century (TEA-21). The Bush administration is insisting that the six-year spending plan not go above $256 billion. Rep. Don Young, the influential chairman of the House Transportation and Infrastructure Committee, is seeking $375 billion for infrastructure projects to relieve congestion and create jobs.
The legislation will continue funding for highway construction, safety, motor carrier and surface transportation research programs at levels approved in the fiscal year 2004 budget resolution. Congress extended TEA-21 funding by five months, until Feb. 29, when time ran out to reach agreement on 2004 appropriations bills. The bill now goes to the Senate for consideration.
Young said it critical to pass the temporary spending bill. 'If we don't pass this bill and send it to the president before Feb. 29, four Department of Transportation agencies will close their doors and furlough their employees: the Federal Highway Administration; Federal Transit Administration; National Highway Traffic Safety Administration, and the Federal Motor Carrier Safety Administration.'
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
Industry-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.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now