Federal lawmakers now have until the end of July to come up with some solutions for the long delayed transportation bill. It has been extended over thirty times since its last full authorization.
South Dakota Senator John Thune says the big hang up is how to pay for it…
Thune says he doesn’t want to continue using debt to fund transportation projects…
Thune says there is no support for an increase in the federal gas tax…
One funding source under consideration would encourage businesses to move foreign profits back into the country, mostly on a voluntary basis.