Congress poised to act on highways, student loans
WASHINGTON (AP) - The House and Senate are poised to vote on a legislative package that would overhaul highway and transit programs, create 3 million jobs and spare millions of students from higher interest rates on college loans.
The bill would also financially shore up the federal flood insurance program. Votes are expected in both chambers on Friday.
The burst of legislating comes just four months before the November elections, giving lawmakers achievements to show off to voters.
Sen. Barbara Boxer, a California Democrat who led Senate negotiations on the transportation portion of the package, said the bill will save 1.8 million jobs by keeping transportation aid flowing to states and create another 1 million jobs by using loan guarantees to leverage private investment in infrastructure projects.
Would you like to contribute to this story? Join the discussion.
RecommendedRecent Facebook Activity
Only On 7
For all the breaking stories happening in your neighborhood and developing stories happening around the world, join Leon Harris and Alison Starling weeknights on ABC7 News at 5 and 11.
TBD Blogs What you need to read
@TBD On Foot
Best of TBD In case you missed it
Billed as the biggest food truck assembly to ever happen in D.C., "Curbside Cookoff: Trucko De Mayo" took place on Saturday with at least 40 vendors.