Friday, March 30, 2012

Senate approves 90-day highway extension, sending measure to President Obama

In the industry news ... 
By Keith Laing - 03/29/12 02:52 PM ET
The Senate approved the extension of federal highway funding that was passed by the House on Thursday, accepting a short-term solution leaders in the chamber vehemently opposed. 

The measure, H.R 4281, now goes to President Obama. It extends the current funding for road and transit projects until June 30, the ninth such continuance of the last multiyear highway authorization that was approved by Congress, which expired in 2009.

Even as they were approving the measure in an anticlimactic voice vote, Democrats sharply criticized Republicans for not accepting a two-year, $109 billion version of the transportation measure the Senate had approved on a bipartisan vote earlier this month.