House Transportation & Infrastructure Committee Chair John Mica introduced a proposed surface transportation bill yesterday. Titled the American Energy & Infrastructure Jobs Act, the bill contains something to make everyone happy as well as things to make everyone unhappy.
To please Senate Democrats, who want to keep spending more than the government is collecting in gasoline and other transportation taxes, the bill proposes to spend $260 billion over five years. That’s at least $10 billion a year more than revenues.
To please Tea Party Republicans, who want to reduce pork barrel spending, the bill contains no earmarks, consolidates or eliminates 70 different programs, and eliminate mandates that states spend highway money on bike paths and other non-highway programs. To please rail nuts, the bill streamlines the rail planning and approval process. To please the energy industry, the bill mandates approval for the Keystone pipeline.
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