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Humphrey Backs Eisenhower Road Finance Plan
Treasury Secretary Humphrey told the House Public Works Committee that the Eisenhower highway financing via long term bonds remains one option but not the only path. He supported a pay as you go approach with higher highway user taxes if Congress rejects the bond plan, citing the need to fund a 40,000 mile interstate network and a $83.0 billion federal funding target over 12 years.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Humphrey
Eisenhower
House Public Works Committee
Congress
House Public Works Subcommittee
Public Works
Senate
Fallon
D-Md
Ames
Phil