Friday, June 8, 2012
GOP opens door for 6-month extension on transportation bill
Speaker of the House John Boehner dampened hopes for a bipartisan surface transportation bill when he said on Thursday that another possible funding extension of six months would take the decision beyond the November election.
"Frankly, I think if we get to June 30, there would be a six-month extension and move this thing out of the political realm that it appears to be in at this moment," Boehner said to reporters, according to Reuters. He also said he wanted an agreement on a long-term solution.
The embattled highway bill, which would bolster the economy with a flood of construction related jobs, has been a major point of disagreement between the parties during a contentious election year.
Democrats have said the transportation bill delay is another GOP tactic to undermine any U.S. economic recovery that could be attributed to President Obama's policies.
California Senator Barbara Boxer reportedly said the Highway Trust Fund will go bankrupt before six months is up, since the gas taxes will only support the current rate of spending through October.
The House will have another recess next week, leaving only two weeks to iron out a bipartisan plan that will pass both chambers.
For more of the Reuters story: in.reuters.com
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