Copying and distributing are prohibited without permission of the publisher

Five-year US transportation bill finding support at markup

February 03, 2012 - 03:17 GMT Location: New York

KEYWORDS: transportation , infrastructure , construction projects

The House Committee on Transportation and Infrastructure voted along party lines Thursday when it came to amendments during the markup of a proposed five-year, $260-billion transportation bill aimed at providing longer-term funding for construction projects vital to the steel industry.

"I’ve had contractors in my state tell me that they had to hold off on buying machinery and equipment because of the uncertainty. The long-term certainty is absolutely necessary," said U.S. Rep. Billy Long (R. Miss.).

The bill, which was released to the public late Tuesday afternoon, urges building on existing State...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

Upcoming Events