House Passes Jobs Bill with Funding for Transit

The U.S. House passed a jobs bill yesterday that includes $36 billion for transportation projects. Of this, $27.5 billion is for highway projects and $8.4 billion will go to transit. The bill allows states to use 10% of their transit money on operating expenses. The legislation would also extend the current transportation law through the end of September 2010, and it transfers $20 billion into the Highway Trust Fund.

The Senate is expected to consider the bill early next year.