NAM thanks House for $8 billion towards Highway Trust Fund.
Press Release Summary:
July 30, 2008 - John Engler, President of NAM, commended members of House for overwhelming vote to transfer more than $8 billion to Highway Trust Fund, a measure that will help avert potential $14 billion cut in highway spending in 2009. House voted 387-37 in favor of H.R. 6532 sponsored by House Ways and Means Committee Chairman Charles Rangel (D-NY). Highway trust fund, which receives most of its funding from federal tax on gasoline, is facing its first deficit in more than 25 years.
Original Press Release
NAM Thanks House Legislators For Restoring $8 Billion To Highway Trust Fund
Press release date: July 23, 2008