Senate panel weighs in on funding as transportation bill nears

Maria

Diet Coke
Staff member
By David Tanner, Land Line associate editor

As one Senate committee prepares to release its portion of the next highway bill perhaps as early as this week, another committee is taking steps to find the funding for it. The Senate Finance Committee met Tuesday, May 6, to discuss funding mechanisms for roads, bridges and transit in the future.

Finance Committee Chairman Ron Wyden, D-Ore., said it will be cheaper to fund road projects now, with low interest rates, than to wait around until rates increase.

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