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Obama signs 5-year highway bill into law

Obama signs 5-year highway bill into law

9th Dec 2015

For the first time in a decade the United States has long-term transportation funding as both the House of Representatives and Senate voted overwhelmingly Thursday to pass the five-year, $305 billion FAST Act. President Obama signed the bill into law Friday, 12/4/15.

“Under the Act funding will go up by roughly 11 percent over five years. This is a down-payment for building a 21st century transportation system, though it is still far short of the amount needed to reduce congestion on our roads and meet the increasing demands on our transportation systems,” U.S. Transportaiton Secretary Anthony Foxx said Friday in a blog post. -

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