Highway fund bailout now backed by Bush administration

Category: US News

Publish Date: 09-06-2008 12:00 AM -0700

Filled by a per-gallon gas tax, the fund's tank is nearly dry, the Transportation chief says. The president once threatened a veto on a rescue plan; now he urges quick congressional action.

With the nation's highway fund running out of money faster than expected, the Bush administration on Friday pulled a political U-turn and urged Congress to approve an $8-billion rescue plan that the White House had previously opposed.

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