Lawmakers poised to approve highways bill by weekend
WASHINGTON (AP) — Hoping to avert the kind of headlines politicians dread, congressional leaders are aiming for final passage by week's end of legislation reshaping federal transportation programs and preventing a doubling of interest rates for millions of new student loans.
Without action by Saturday, federal authority to conduct road, mass transit and other transportation programs would end, along with the government's ability to collect gasoline and diesel taxes that fund most of those programs, costing what Sen. Barbara Boxer, D-Calif., said would be 3 million jobs. Democrats and Republicans were eager to avoid blame for shuttering transportation projects when voters are focused on the nation's weak employment market.
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