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House Transportation Committee proposes to keep federal highway funding at fuel tax receipt level

The House Transportation committee has proposed a $230 billion, six year, federal highway funding program to replace the $285 billion program that expired nearly two years ago. $230 Billion is the estimated revenue from federal fuel taxes over the period. Federal highway spending for FY 10 and FY 11 has been based on a series of extensions of the expired $285 billion program supplemented with several multi-billion supplements from general tax revenues.
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