July 15, 2015
The U.S. House approved a short-term, $8 billion transportation bill to keep money flowing to states for highway and infrastructure projects before funding dries up at the end of the month.
The five-month patch through Dec. 18 passed 312-119. Many Democrats opposed the GOP bill in part because they want a long-term measure and also because it did not include any language to reauthorize the Export-Import Bank, which has become an issue in the highway bill debate.
Senate Republicans, meanwhile, are trying to come up with a counter measure, an $80 billion bill that would provide funds for several years. The Senate bill is also expected to include a provision to renew the Export-Import Bank, despite the objection of conservative lawmakers and activists. The bank has significant support in both houses, but many leading conservatives oppose it as crony capitalism. Read on…