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The Chairman of the House Transportation and Infrastructure laid out the long and winding road ahead for passage of a multi-year highway bill by both chambers of Congress.
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The House Transportation and Infrastructure Committee has finally scheduled a hearing to mark up its version of a long-term highway funding bill for Oct. 22 – seven days before the current short-term patch authorizing spending on transportation runs out.
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The Senate passed its massive and contentious long-term highway bill and then approved the three-month extension of federal highway funding passed earlier by the House. The $8 billion patch, which runs out on October 29, has been sent to President Obama, who is expected to sign the bill.
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As of late Sunday evening, Senate Majority Leader Mitch McConnell had managed to steer the multi-year highway bill introduced last week beyond some legislative potholes that had threatened to slow the process of getting the measure to the House for consideration.
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The Senate voted on Wednesday to move forward a bipartisan highway bill that had been blocked by a procedural vote just a day before.
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House Republican leaders on July 15 pushed through an $8-billion plus measure to fund highway and infrastructure expenditures through December 18.
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Aiming to address both the lack of funding for the Highway Trust Fund and the lack of trust in finding a long-term solution for that, Rep. Tim Rice (R-SC) has introduced a bill that would hike federal motor-fuel taxes by 10.1 cents per gallon and index the new rate to inflation.
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Roads and bridges may be local projects, but there’s no getting around their funding being planned and executed on a national scale. That message was driven home today in testimony by three representatives of key stakeholder groups before the U.S. House Transportation & Infrastructure Committee.
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ARLINGTON VA – A bill introduced in the U.S. House of Representatives on March 29 would, if passed by Congress, repeal the 12 percent federal excise tax on truck and trailer purchases.
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