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Sep 22, 2009

STIMULUS FUNDS * USA - Highway funding: Are lobbyists in the driver’s seat?

Washington,DC,USA -Fleet Owner, by Brian Straight -Sep 21, 2009: -- With less than two weeks remaining before the Highway Trust Fund runs out of money again, Congress appears no closer to solving the funding issue. Having pumped $7 billion into the fund in August to keep it solvent until the end of this month, it appears another temporary patch may be in order – this one to fund the program until the end of the year... Meanwhile, while the drama over funding highway infrastructure drags on, another major transportation bill is facing its own hurdles. The 2009 Surface Transportation bill, also known as the six-year highway reauthorization bill, expires on Sept. 30, While Rep. James Oberstar (D-MN) continues to seek a new authorization to the tune of $500 billion, President Barack Obama and Transportation Secretary Ray LaHood are pushing an 18-month patch to the Highway Trust Fund and to delay an overall surface transportation bill... (Picture from proliberty: Capitol Hill)

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