The Bush administration has proposed a $247 billion, six-year highway and transit program that Congress is certain to reject. (Washington Report).

Public Works, July, 2003

The Bush administration has proposed a $247 billion, six-year highway and transit program that Congress is certain to reject. The House Transportation and Infrastructure Committee has drafted its own $375 billion program and the Senate is working on a $311 billion proposal.

The administration's plan would not increase gasoline taxes or index them to inflation, which some congressmen have proposed. It does give the Highway Trust Fund the 2.5 cents per gallon of the ethanol tax that now goes to the general fund. The proposal also creates a program to spend an extra $1 billion per year from the Highway Trust Fund above each year's estimated receipts for "ready-to-go" highway projects to relieve congestion and improve infrastructure.

Transportation...

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