Farmers Elevator Company of Alvarado

About Us
FECA Services
Cash Bids
Grower Incentive

Printable Page Headline News   Return to Menu - Page 1 2 3 5 6 7 8 13
House, Senate Clash on Highway Debate  07/28 06:30

   Senators overruled heated conservative opposition Monday and added a measure 
reviving the federal Export-Import Bank to must-pass highway legislation. But 
House Republicans declared the Senate transportation bill dead on arrival.

   WASHINGTON (AP) -- Senators overruled heated conservative opposition Monday 
and added a measure reviving the federal Export-Import Bank to must-pass 
highway legislation. But House Republicans declared the Senate transportation 
bill dead on arrival.

   The developments set the two chambers on a collision course days ahead of a 
crucial highway deadline in the midst of the summer driving season. And the 
ultimate outcomes on the highway bill and the Export-Import Bill were 
uncertain, although it looked likely late Monday that Congress would consider a 
short-term highway extension.

   As House members convened Monday for their final days of work before an 
annual August recess, Majority Leader Kevin McCarthy ruled out taking up the 
Senate's highway bill, which cleared a procedural hurdle Monday and is headed 
for completion in the next several days.

   "We're not taking up the Senate bill," the California Republican told 
reporters at the Capitol, adding that the Senate should instead take up the 
bill already passed by the House. "My best advice to the Senate is to get our 
highway bill moved forward," he said.

   Hours later, in a hectic late-night session, the Senate voted 64-29 to 
include the provision reviving the Export-Import Bank as an amendment to its 
version of the highway bill. The bank, a federal agency that underwrites loans 
to help foreign customers buy U.S. goods, expired June 30 amid conservative 

   Supporters in the business community say the bank is necessary for U.S. 
competitiveness, but conservatives say it amounts to corporate welfare, and 
their objections pushed the vote Monday well past 10 p.m.

   Presidential candidate Sen. Ted Cruz, R-Texas, who has led an angry charge 
against the bank and clashed with Senate Majority Leader Mitch McConnell about 
it, lashed out at McConnell over the outcome. "He turned his back on the 
American people and allowed one of the worst examples of corporate welfare our 
nation has ever known to be resurrected from the dead," Cruz said.

   But the Senate action on the Export-Import Bank does not guarantee its 
continued survival since the House's transportation bill does not include the 
bank. The House bill is a five-month extension of current programs while the 
Senate's version authorizes $350 billion in transportation programs for six 
years, though only three of those are paid for.

   Authority for federal highway aid payments to states will expire Friday at 
midnight without action. At the same time, if Congress doesn't act before then 
the balance in the federal Highway Trust Fund is forecast to drop below a 
minimum cushion of $4 billion that's necessary to keep aid flowing smoothly to 

   House Republican leaders say their approach would buy them time to try to 
come up with a tax reform deal coveted by the White House and some leaders in 
both parties, and use that to pay for an even longer-term highway bill. But 
McConnell has said publicly and privately that such a deal will be all but 
impossible to achieve. He wants to move legislation now to dispense with the 
highway issue at least through next year's elections, give certainty to states 
and avoid repeated fights over the issue.

   "Time is running out to get this bill through Congress. We're up against a 
deadline at the end of week," McConnell, R-Ky., said on the Senate floor. "Jobs 
are on the line. Important infrastructure projects are too."

   Despite the dispute between the two chambers there's little expectation 
Congress would let the Friday deadline come and go without action, given pleas 
from state and local transportation agencies, the construction industry and 
others. The likeliest outcome may be an even shorter-term extension, and late 
Monday House Republicans filed a three-month bill that lawmakers were expected 
to debate at a closed-door meeting Tuesday morning.

   The nasty spat featuring Cruz has rocked the Senate in recent days, and more 
Republican infighting broke out Monday night, as an email surfaced from an aide 
to Sen. Mike Lee, R-Utah, suggesting that conservative groups should take Lee's 
fellow Republicans to task if they opposed him on a legislative maneuver to 
advance a repeal of President Barack Obama's health care law.

   The move angered Republicans, and Lee sought to contain the damage, telling 
colleagues in a closed-door meeting that he hadn't authorized the email, 
according to Sen. Lindsey Graham, R-S.C. A statement from communications 
director Conn Carroll said Lee had personally apologized to McConnell. "This 
email is not how Sen. Lee does business," Carroll said. And Lee backed off from 
pushing the health care repeal vote on the highway bill.


Home   Product   Services   About   Contact
Copyright 2006 Farmers Elevator Company of Alvarado