Tuesday, May 10, 2005

Veto Showdown Over Road Bill

The Senate's added $11 billion to the highway bill and that doesn't sit well with the White House. That would raise the cost of the bill to $295 billion. The President's threatened to veto any plan that goes beyond what the House wants to spend on the bill -- $284 billion.

Senators say the bill wouldn't add to the federal deficit. But Transportation Secretary Norman Mineta says Senators use accounting gimmicks to come to that conclusion. The Secretary says the bill would bankrupt the trust fund of gas tax collections. (LAT)

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