commentLooking ahead to the next multiyear highway transit bill, Senate Environment and Public Works Committee leaders have voiced support for improving or enlarging the U.S. Dept. of Transportation’s 12-year-old Transportation Infrastructure Finance and Innovation Act (TIFIA) loan program to help fund major projects. Committee Chairwoman Barbara Boxer (D-Calif.) said that while the Obama Administration’s proposed infrastructure bank has supporters and critics, TIFIA is in place. The committee’s top Republican, James Inhofe (Okla.), criticized the idea of a new infrastructure bank but said TIFIA is “a successful program that must be dramatically expanded.”
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