I voted no on #HR5021, Highway and Transportation Funding Act of - TopicsExpress

I voted no on #HR5021, Highway and Transportation Funding Act of 2014. The bill provides a $10.8 billion bailout for the federal Highway Trust Fund (HTF). It makes no structural reforms to help avoid the need for similar bailouts in the future. And the offset to pay for the spending is typical Washington: Spending for 10 months, through May 31, 2015, is offset with savings that will take 10 years to materialize and the bulk of which are budgeting gimmicks. The bill also raids a different trust fund established for another purpose—the irony of which I hope isnt lost on those responsible for this legislation. With over $50 billion in HTF bailouts behind us and likely over $150 billion in HTF bailouts to look forward to over the next decade, this bill is a sad embarrassment. It passed 367-55.

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