3.25.10 Federal Surface Transportation Program Gets New Lease on Life

March 25: Federal  Surface Transportation Program Gets New Lease on Life from Cascadia Prospectus

  • The HIRE Act (Hiring Incentives to Restore Employment Act, H.R. 2847, P.L 111-147), signed by the President on March 18, has placed the federal surface transportation program on a firm footing and taken the pressure off the lawmakers and the White House to come up with a more permanent solution - at least for a while. While efforts to develop a long-term transportation strategy are expected to continue for the remainder of this year, Congress and the White House are likely to take their time enacting a multi-year legislation. This is the near-unanimous judgment of informed congressional observers and Washington insiders.