The House and Senate plan to hold conference committee negotiations over the transportation reauthorization bill. Early this year, the House Transportation Committee had approved the most fiscally conservative reauthorization bill considered by congress since 1991, if not since 1982. Yet the bill never reached the floor of the House due to opposition from fiscal conservatives who said that the bill wasn’t fiscally conservative enough.
So the negotiations will center around the Senate bill, which is far from fiscally conservative in any sense of the word. It requires far more deficit spending than the House bill. It continues to divert a huge share of federal gas taxes to transit, which the House bill would have ended. And it includes all sorts of provisions that have nothing to do with transportation. In short, it is basically a continuation of the 2005 law with a few minor expansions of government power and spending.
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Naturally, House Democrats are elated. Transportation writer Ken Orski says it is likely that numerous “questionable items . . . have been slipped into this massive 1,600-plus page bill” (which is nearly twice as long as the House bill had been). The real fiscal conservatives in the House better do everything they can to kill the conference bill or the gamble they waged killing the House bill will come back to bite them.