Mica Transpo Bill Shrinks Spending 33%, Eliminates Bike-Ped Guarantee Streetsblog Capitol Hill (blog)
The bill still does not appear on the legislative agenda for the remainder of the time before the Congressional recess begins in August. Mica says he expects leadership to announce an extended session and shortened break. But even if it does, the extra time in session would probably be devoted to negotiating a deal on the debt ceiling and budget cuts – not passing a transportation bill.
A few weeks ago, Mica announced that this bill would be marked up July 12, but he’s now planning for a hearing on it July 12. It’s also unclear when bill text will be formally introduced. Some speculate that he won’t introduce the bill until it’s scheduled for a floor vote, since the longer it sits out there, the more it gets picked apart by critics.
To clear up a question I posed earlier , the bill calls for $35 billion of funding the first year with gradual increases until 2017, when $42 billion is allocated. The figures total $230 billion.
Mica claims that the $35 billion for the first year of spending in the bill magically becomes $75 billion when properly leveraged.
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