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House Extends Highway Funding
The U.S. House of Representatives has passed a measure that will extend federal highway funding through the end of September.
Included in the measure was approval of plans for the controversial Keystone XL pipeline, which is intended to carry crude oil from Canada and the northern U.S. to refineries and ports.
The Senate, which wants a longer-term measure, last month approved a two-year, $109 billion transportation bill, with bipartisan support.
Despite this extension, the latest in a long line of temporary measures, Transportation Secretary Ray LaHood said prospects for a multi-year transportation bill were unlikely during this presidential election year, Bloomberg reported.
The House and Senate last month passed 90-day transportation bill extensions to fund highways and infrastructure lasting through June 30, which President Obama signed into law.
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