Long-term Transportation Funding Likely to be Delayed

Transportation Secretary Ray LaHood says passage of surface transportation bill unlikely this year

U.S. Transportation Secretary Ray LaHood says chances are slim that a long-awaited bill to fund the nation's highways, mass transit and ports will pass. LaHood's forecast came two days before House Republicans are expected to begin circulating their five-year transportation blueprint, a $260 billion bill that may be introduced as early as next week.

"Given the politics, the number of days that remain, the differences between what the Senate and the House are looking at, I think it's very unlikely that we'll have a surface transportation bill during this year," LaHood said.

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