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Jul 17, 2009

Regulations * USA - House panel says status quo would hurt economy

Washington,DC,USA -Land Line Magazine -July 16, 2009: -- A House panel believes a six-year transportation reform bill will generate more economic recovery than the White House’s proposed 18-month extension of the current program... The debate over highway funding continued Thursday, July 16, with a hearing by the House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit... Chairman Peter DeFazio, D-OR, said extending the status quo by 18 months will leave states in economic uncertainty and delay long-term transportation projects. DeFazio said a six-year authorization bill, if passed soon, would do more than a short-term extension... The Senate, on the other hand, believes an 18-month extension of current programs would buy the necessary time for lawmakers to hammer out details such as how a long-term authorization bill would be funded...

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