WASHINGTON — Leaders of the House and Senate transportation committees are preparing two significantly different bills to reauthorize highway and transit programs after the current law expires on Sept. 30.

Sen. Barbara Boxer, D-Calif., chairwoman of the Senate Environment and Public Works Committee, and Rep. John Mica, R-Fla., chairman of the House Transportation Committee, are nowhere near each other on the amount of money they want the federal government to spend on transportation or on how many years to provide funding.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.