Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

House Republicans Take Control of Highway Trust Fund Spending

Jan. 4 (Bloomberg) -- U.S. House Republicans voted to change the way highway funds are distributed, giving the Appropriations Committee the right to halt spending for highway repairs and construction.

The rule is meant to keep the Highway Trust Fund from spending more than it’s bringing in, Brendan Buck, a spokesman for the Republicans that proposed the change, said in an e-mail. The rule also prohibits money collected from the federal gas tax from being spent for anything other than transportation projects, he said.

Link to Company News:{ASTE US <Equity> CN <GO>} Link to Company News:{BKR US <Equity> CN <GO>} Link to Company News:{FLR US <Equity> CN <GO>} Link to Company News:{MLM US <Equity> CN <GO>} Link to Company News:{STRL US <Equity> CN <GO>} Link to Company News:{TEX US <Equity> CN <GO>} Link to Company News:{URS US <Equity> CN <GO>} Link to Company News:{VMC US <Equity> CN <GO>}

To contact the reporter on this story: Carol Wolf in Washington at cwolf@bloomberg.net

To contact the editor responsible for this story: Andrea Snyder at asnyder5@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.