Highway spending bill extension OK’d
Sep 24, 2009 | 11:15 AM
| Corinna Petry
A three-month extension of the current highway bill spending plan was passed Wednesday night by more than the required two-thirds majority of the House (335-85), one week before the current $286-billion spending plan expires.
The Surface Transportation Extension Act of 2009 (H.R. 3617), introduced Tuesday by Rep. Jim Oberstar (D., Minn.), provides a three-month extension of funding for nearly all programs paid for out of the Highway Trust Fund, pending enactment of a multiyear law reauthorizing such programs.
The American Iron and Steel Institute (AISI) had sent a letter to the House Steel Caucus on Wednesday urging passage to buy time for a lengthier consideration of a new Surface Transportation bill that would cover spending from 2010-16.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here