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Policy: Budgets & Deficits

House passes highway bill as deadline looms

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Photo - FILE - In this May 5, 2014, file photo, the U.S. Capitol building is seen through the columns on the steps of the Supreme Court in Washington. The House is poised to act on a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs while ducking the issue of how to put the programs on sound financial footing for the long term. The bill by House Ways and Means Committee Chairman Dave Camp cobbles together $10.8 billion in pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to keep the federal Highway Trust Fund solvent through May 2015. A similar bill is pending in the Senate.  (AP Photo/Carolyn Kaster, File)
FILE - In this May 5, 2014, file photo, the U.S. Capitol building is seen through the columns on the steps of the Supreme Court in Washington. The House is poised to act on a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs while ducking the issue of how to put the programs on sound financial footing for the long term. The bill by House Ways and Means Committee Chairman Dave Camp cobbles together $10.8 billion in pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to keep the federal Highway Trust Fund solvent through May 2015. A similar bill is pending in the Senate. (AP Photo/Carolyn Kaster, File)
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WASHINGTON (AP) — The House has passed a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs.

The vote was 367 to 55. A similar bill is pending in the Senate.

The bill cobbles together $10.8 billion by using pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to keep the federal Highway Trust Fund, which pays for transportation programs nationwide, solvent through May 2015. A similar bill is pending in the Senate.

Without congressional action, the fund will no longer have enough money to cover promised aid to states by the first week in August.

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