Ron Wyden hails plan for depleted Highway Trust Fund

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Friday, July 11, 2014

Sen. Wyden reached a bipartisan agreement with Utah Sen. Orrin Hatch to shore up the transportation fund.

The "Preserving America's Transit and Highways Act" is scheduled for a Thursday afternoon committee meeting, just hours after House Republicans are set to push forward a competing bill.

The Wyden-Hatch bill would provide only short-term relief to the fund through the end of the calendar year, not the long-term stability that the Oregon transportation officials sought.

Read more at OregonLive.com

 

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Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


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