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  A Nationally-Recognized Resource in Infrastructure Financing April 3, 2011  
 

Inside Transportation

 

From Capital Partnerships LLC

 

TENSIONS CONTINUE BETWEEN HOUSE AND ADMINISTRATION

  

Earlier this week, the Federal Highway Administration (FHWA) presented its 2012 budget to the House Appropriations Subcommittee on Transportation, Housing, and Urban Development. The President's request for more than $70 billion in highway infrastructure funding for the FHWA in 2012 and $556 billion over the next five years through the Surface Transportation Reauthorization proposal, has met with strong resistance in the House of Representatives. While the budget proposes new programs and the consolidation of existing ones, members of the House subcommittee question the Administration's failure to put forward concrete strategies to generate revenue.

Following FHWA administrator Victor Mendez's presentation, House subcommittee members pushed for answers in the face of U.S. Transportation Secretary Ray LaHood's refusal to raise gasoline and diesel tax as a means to raise revenue. Mendez responded that he hoped to work with stakeholders and Congress to determine a revenue-generating scheme, yet the hearing concluded early with Subcommittee Chairman Tom Latham (R., Iowa) declaring, "It's very frustrating not to get any answers."

     
 
 

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