Senate transportation committee leaders have agreed to fund the TIFIA program at $1 billion per year as part of a six-year highway and transit funding bill that they plan to introduce in two weeks.

Senate Environment and Public Works Committee chairman Barbara Boxer, D-Calif., told reporters Wednesday that she and other top Democrats and Republicans on the committee plan to introduce a six-year bill authorizing total federal spending of $339.2 billion, or $56.5 billion dollars a year, representing current funding levels plus inflation.

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