US Tranportation Secretary pessimistic?

US Transportation Secretary Ray LaHood has expressed doubts that the reauthorisation bill will be passed in the current session of Congress, according to the Innovation Briefs report by Ken Orski.
March 15, 2012
US Transportation Secretary Ray LaHood has expressed doubts that the reauthorisation bill will be passed in the current session of Congress, according to the 3949 Innovation Briefs report by Ken Orski.

LaHood spoke during the recent annual meeting of the 2774 Transportation Research Board in Washington, where six US transportation secretaries discussed challenges they had met during their time in office. LaHood’s comments drew some surprise given recent announcements from the US Government about the importance of infrastructure.

There have been some earlier comments that the Senate Finance Committee may have arrived at a bipartisan agreement on providing the US$13 billion needed to fund the bill. However LaHood pointed out that the politically polarised situation in the 10 months to the next US election will make it hard for sufficient agreement to be reached that would allow the reauthorisation bill to be passed.
For more information on companies in this article
catfish1