House Republican Proposes $10.9 Billion Transport Funding Extension
U.S. House Ways and Means Committee Chairman Dave Camp on Tuesday proposed a $10.9 billion plan to extend U.S. transportation funding through May 31, 2015, aimed at averting cutbacks for construction projects that would otherwise start in August. Camp’s plan would raise $6.4 billion through pension fund revenue changes, $3.5 billion through customs user fees and the transfer of $1 billion from a fund used to clean up leaking underground storage tanks, according to a senior Republican aide.
“House Republican Proposes $10.9 Billion Transport Funding Extension” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.