The multi-billion dollar transportation bill has run into deadlock and there’s no off-ramp in sight. That has America’s construction companies, which depend on transportation spending for a large part of their business, watching, reading tea leaves and lobbying heavily for the House and Senate to get their act together and get something passed. Soon.
The Senate finance committee approved a $9.6 billion package of funding offsets for transportation as part of the “The Highway Investment, Job Creation, and Economic Growth Act of 2012.” Designed to cover gaps in The Highway Trust Fund, an infrastructure support project that traditionally gathered funds from the federal gas tax, this new transportation bill […]