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U.S. Senate Leaders Break Impasse on $109 Billion Highway Bill

March 8 (Bloomberg) -- U.S. Senate leaders broke an impasse that had stalled consideration of a two-year, $109 billion bill to authorize road and bridge projects.

As part of the agreement announced last night by Majority Leader Harry Reid, the Senate will vote on 30 amendments, some of which will include such unrelated topics as the Keystone XL pipeline and the tax treatment of offshore profits.

The current surface transportation law expires March 31. The last multiyear spending law ran through 2009. Gasoline taxes, road and bridge programs have continued since then on a series of short-term extensions. The bill number is S. 1813.

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To contact the reporter on this story: Katherine Rizzo in Washington at krizzo5@bloomberg.net

To contact the editor responsible for this story: Michael Shepard at mshepard7@bloomberg.net

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