Lawmakers compromise on 5-year highway bill

Screen Shot 2015-12-02 at 9.26.21 AMBy Siobhan Hughes and Paul Page | The Wall Street Journal

Congressional negotiators Tuesday agreed on a $305 billion measure to fund highways and mass-transit projects for five years—the longest in nearly two decades and an unexpected show of agreement after years of clamoring by state transportation officials for infrastructure funding.

The measure also would renew the Export-Import Bank through September 2019, separate the budget for Amtrak’s Northeast Corridor from the rest of the passenger-rail network, and set traffic-safety priorities.

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