8 Things Revealed -- or Not -- About House Transportation Bill

The House will act on a five-year surface transportation bill in December, House Speaker John Boehner and House Transportation Chair John Mica announced Thursday.

What was revealed:

  • Will be a five year bill
  • Funded in part with revenues from expanded energy production offshore oil drilling on the Outer Continental Shelf, oil shale, and drilling in the Arctic National Wildlife Refuge
  • Will pass by end of the year
  • Title is "American Energy & Infrastructure Jobs Act"

What wasn't revealed:

  • Exact timetable of legislative action (there are rumors of action beginning the week of December 5)
  • Detailed bill text
  • Amount of spending proposed by bill
  • Estimated revenue to be provided by expanded energy production

Read the entire article at Transportation Issues Daily.