SAFETEA-LU: Rep. Mica Favors Big Hike in 2009 Bill - ENR | McGraw-Hill Construction
Keywords: finance, government, news articles, construction industry, labor, management, costs, legislation
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 14-MAY-08
Format: XML document
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Article Description| The House Transportation and Infrastructure Committee’s top Republican, John Mica (Fla.), wants to see a large boost in highway and transit funding in the bill that succeeds SAFETEA-LU in 2009. In a May 6 meeting with reporters, Mica said, “I’m going to shoot for a total value of $1.5 trillion” over five years. That target would include about $500 billion in the basic bill, up from SAFETEA-LU’s $286 billion, plus bonding and other “creative financing” to produce another $500 billion in infrastructure and $500 billion more from public-private ventures. |
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