House GOP unveils short-term highway funding extension

(AP Photo/Jeff Roberson)

WASHINGTON (AP) – House Republicans are calling for a brief extension of highway and mass transit funding to prevent a cut-off in construction as early as this summer.

The legislation made public Monday night calls for $8 billion to keep the programs funded through December 18.

The measure is expected to be on the House floor later this week.

The money to pay for the extension would come mostly from a series of changes to promote tax compliance. The bill also includes a $90 million tax cut for the producers of liquefied national gas and liquefied petroleum gas.

The House measure does not include a renewal of the Export-Import Bank, but a move along those lines is expected when the highway bill comes up in the Senate.

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