Congress passes highway bill, diverts more money from roads
Congress passes highway bill, continues to divert money away from roads
By Terri Hall
December 5, 2015
Examiner.com
Thursday marked the first time since 2005 that the U.S. Congress passed a long-term federal highway bill. The FAST Act, Fixing America’s Surface Transportation, is a 5-year re-authorization of the surface transportation program. Criticized for patching the program with short-term fixes for the last decade, the $305 billion bill was supported overwhelmingly by Congress, passing the House of Representatives by a vote of 359-65 and the Senate by a vote of 83-16. President Barack Obama signed it into law late Friday, mere hours before the federal highway program was set to expire.
The bill also authorizes the controversial Export-Import Bank and allows the IRS to use private debt collectors and deny Americans passports if they’re delinquent on their federal taxes. The Ex-Im Bank is the poster child for corporate welfare and congressional giveaways to special interests that conservatives defeated this summer. The short-lived victory could play an important role in the upcoming presidential election as candidates either try to justify the re-authorization of the bank or decry it.