Victor J. Blue/Bloomberg News
The chairman of the tax-writing Senate Finance Committee on July 28 criticized the primary source of funding for a House bill that would shore up the Highway Trust Fund, a day before the Senate is expected to vote on the legislation.
“I do think the other body goes too far on the issue of pension smoothing. And given that position, the country is likely to have two big challenges in the future. One, how do you fund transportation. And second, what do you do about the hopes and aspirations of all those workers relying on pensions,” said Sen. Ron Wyden (D-Ore.), the Finance panel’s chairman.
UPDATE: Senate passes amended bill.