PA Senate Passes $2.5 Billion Transportation Funding Package

Four months after hearing Gov. Tom Corbett’s call for a transportation funding plan in his budget address to the Legislature, the Senate delivered one mightily.

By a 45-5 vote, the Senate today approved a transportation funding plan that not only raises the $1.8 billion by 2018 that Corbett wanted.  It goes $700 million beyond that.

The measure now goes to the state House of Representatives for consideration.  Its fate is uncertain in the House because of the cost implications on consumers.

All midstate senators voted in favor of the legislation.

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House Republicans Balk At Deal; Fiscal Cliff Coming

WASHINGTON — Last-minute efforts to step back from the “fiscal cliff” ran into trouble on Tuesday as Republicans in the House of Representatives balked at a deal that would prevent Washington from pushing the world’s biggest economy into a recession.

House Republicans complained that a bill passed by the Senate in a late-night show of unity to prevent a budget crisis contained tax hikes for the wealthiest Americans but no spending cuts.  Some conservatives sought to change the bill to add cuts.

That would set up a high-stakes showdown between the two chambers and risk a stinging rebuke from financial markets that are due to open in Asia in a few hours.

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