The Business Times
SUBSCRIBERS

US House approves short-term financing for highways

Published Wed, May 20, 2015 · 09:50 PM
Share this article.

Washington

THE US House of Representatives on Tuesday approved a two-month extension of funding for transportation projects, setting up what could be a defining fight over money for highways and other infrastructure this summer after years of stop-gap measures.

The extension, which passed in a 387-35 vote with one member voting present, would maintain funding for the Highway Trust Fund through July 31. The Bill now goes to the Senate, which has just two legislative days left before a scheduled week-long Memorial Day recess. The transportation programme's spending authority is set to expire during that break, on May 31.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here