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Inside Transportation

 

From Capital Partnerships LLC

 

Bush Threatens Transportation Veto

 

The White House has threatened to veto the $104.4 billion FY08 Transportation-HUD spending bill now before the House of Representatives.  The bill is $4.1 billion above the Administration’s request, and OMB wrote that it “includes an irresponsible and excessive level of spending and includes other objectionable provisions." OMB objects to almost every section.  Highway spending in the bill guaranteed by the 2005 authorization law is "spending beyond its means and will be insolvent by 2009." They state that the  $1.4 billion for the Amtrak "will perpetuate a flawed model for intercity passenger rail." The bill is one of several veto candidates announced by the White House.

 

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