Friday, June 19, 2009

Congress Grapples, Again, With How to Pay for Transportation Projects

Congress Grapples, Again, With How to Pay for Transportation Projects

It could wind up spending nearly 10 times as much money on transportation projects as the federal stimulus bill, but outside of Washington, where it has prompted a frenzy of politicking, it has attracted less than a 10th of the attention.

That measure, the federal transportation bill, could spend as much as $450 billion on road and transit projects over the next six years, after the current law expires in September.

The most contentious question — how to pay for it all — took on a new urgency this week when officials announced that the source of most transportation money would run dry this summer for the second year in a row. ....

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