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ARTICLE · 16 JULY 2015

Tax Policy Update - July 14, 2015

McGuireWoods LLP
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NUMBER OF THE WEEK: 5 The number of additional months of funding for transportation projects under a $8 billion bill introduced late last night in the House.

United StatesTax
Russell Sullivan
Russell Sullivan
Rosemary Becchi
Rosemary Becchi
Danielle Dellerson
Danielle Dellerson
Lai Lam
Lai Lam
Daniel Chung
Daniel Chung

NUMBER OF THE WEEK: 5

The number of additional months of funding for transportation projects under a $8 billion bill introduced late last night in the House. Notably — as anyone on Sesame Street could tell you — the number 5 is not the same as the number 2, as in the two-year bill (at minimum) that Senate Republicans have in mind for highways so they can get the politically thorny issue off their plate until after the 2016 elections. Current funding for highways runs out in two weeks. More on the gaping divide between House and Senate Republicans below...

LEGISLATIVE LANDSCAPE

On the Road Again: Senate Readies Longer-Term Package as House Presses for Patch. Senate Republicans continue working on details of a two-to-four-year funding bill for the nations beleaguered highways, bridges and other transportation infrastructure, while House leaders are hoping for a vote this week on an $8 billion funding bump for the Highway Trust Fund—enough to help it coast along

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