House Transportation and Infrastructure Chair Bill Shuster (R-PA) is in charge of fashioning a transportation reauthorization bill for the U.S. House of Representatives before it expires at the end of September 2014. He held a hearing Wednesday to figure out what to do to replenish the Highway Trust Fund, which is spending $15 billion more annually than it receives, and has been kept afloat with three transfusions totaling $34.5 billion out of the General Fund. Everyone agreed that more money is needed, though disagreed on how to get it. Just how much money is needed was calculated in a series of reports by the American Society of Civil Engineers last month: a $2.7 trillion investment in transportation and other infrastructure by 2020 if the US is to remain competitive. . .
Read more in the Washington Post.