Senate Highway Plan Would Keep Current Spending for Two Years
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Spending on U.S. highway, bridge and transit programs would be kept at current levels plus inflation for two years under a bipartisan plan proposed by a Senate panel.
The legislation, described in an e-mailed statement from the Senate Environment and Public Works Committee last night, doesn’t say how to fill the $12 billion gap between revenue from the 18.4 cents-per-gallon U.S. gasoline tax, which raises money for these programs, and the amount needed to maintain spending over that period.