Congress approves Highway Trust Fund bill

Aug 01, 2014 | 11:45 AM | Nat Rudarakanchana

Tags  Highway Trust Fund, transportation, infrastructure, Congress, lawmakers, legislation, highways, American Iron and Steel Institute AISI

NEW YORK — A last-minute measure to provide $10.9 billion to the federal Highway Trust Fund, allowing state construction projects to continue uninterrupted, was approved by Congress July 31.

The measure, which passed 81-13 in the Senate just ahead of the August recess, raises revenue by tweaking pension laws, among other things, and keeps the fund solvent until May 2015.....

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