Spending Bill Hikes Roads, DOD, Little Else - ENR | McGraw-Hill Construction
Keywords: management, equipment & materials, finance, business conditions, engineering news-record, ENR, costs, news articles
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 19-DEC-07
Format: XML document
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Article Description| After battling with President Bush for weeks over federal spending, congressional Democrats pared an earlier proposal and produced a $515.7-billion fiscal 2008 funding package for non-Defense agencies. The huge bill, which the House passed on Dec. 17 by a 253-154 vote, has $107.3 billion for 69 construction accounts, up $4.2 billion, or 4%, from enacted 2007 levels, according to Karen Bachman, Associated General Contractors’ government affairs director for environment, federal markets and procurement. But the gains are concentrated in highways and defense base closure and construction. At press time, the deal was not final: the White House vowed a veto unless the Senate adds $70 billion for the Iraq war. |
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