Obama signs $10.8 billion highway funding bill

[alp227]

Source: AP

WASHINGTON (AP) — President Barack Obama has signed into law $10.8 billion in temporary funding for highway and transit construction.

The bill the White House says Obama signed Friday will keep the Highway Trust Fund solvent through May, when lawmakers will again be challenged to come up with longer-term funding.

The trust fund is the primary source of federal aid to states for surface transportation projects. Its money comes from the taxes paid on gasoline and diesel fuel. But revenue hasn't been keeping up with demand because people are driving less and vehicles are more burning less fuel.

Read more: http://bigstory.ap.org/article/obama-signs-108-billion-highway-funding-bill

[kelliekat44]

1. Good! At least until May. nt

[onehandle]

2. Tyranny! nt

[bluedigger]

3. Cost of F-35 Joint Strike Fighter Program?

$400B. For now.

http://www.latimes.com/business/la-fi-f35-planes-grounded-20140627-story.html

[sheshe2]

4. KnR!

[woo me with science]

5. Democrats ended up backing the House bill, based on "pension smoothing."

We can fund all kinds of military adventures and corporate welfare, but we can't get a damned thing done in this country without assaulting ordinary Americans.

[BrotherIvan]

6. This.

[hibbing]

7. Whoopie

Wow, a whopping 10.8 billion dollars. Like others have said, plenty of more money to buy weapons and for war. Imagine what this country would look like if we had our priorities in a good place. Back to your regularly scheduled programming.


Peace

[Cha]

8. Administration officials had said the fund would run out of money later this month unless Congress

acted.

Obama has been urging Congress to pass his four-year $302 billion transportation plan instead.

mahalo alp