The House is rolling out a bipartisan bill to spend up to $325 billion on transportation projects over the next six years as Congress scrambles to prevent an interruption in the nation's infrastructure spending on October 29, when the current transportation funding measure expires.
The House measure would allocate $261 billion for highways, $55 billion for transit and approximately $9 billion for safety programs, but only if Congress can come up with a way to pay for the final three years, according to a bipartisan group of Transportation Committee aides. The first three years of infrastructure spending would be guaranteed, while the remaining three years would be authorized pending additional funding.