Congress Clears $100-Billion+ Transportation Bill

"Congress passed a transportation bill Friday worth over $100 billion, sending the bill to the president’s desk after months of brinksmanship."

"The massive majorities by which the package passed — 373-52 in the House and 74-19 in the Senate – do not capture the weeks of wrangling ahead of the votes.

The bill was in doubt until the last minute, with current transportation policy set to expire. The bill also capped federal student loan interest rates, which were expected to jump on Sunday. And it extended federal flood insurance programs."

Burgess Everett and Adam Snider report for Politico June 29, 2012.

SEE ALSO:

"Congress Passes Terrible Transportation Bill, Hits the Road" (Grist)
 

Source: Politico, 07/02/2012