DOT's Mineta Close to Proposed Fix for Highway Funding
Transportation Secretary Norman Y. Mineta says he hopes to send a plan to Congress soon to ease the impact of the proposed $8.6-billion cut in federal highway aid in fiscal 2003.
Mineta told a Senate banking committee hearing on March 13 that he had a late-night meeting the previous day with officials at the Office of Management and Budget on the highway funding issue. He said, "We are looking to try to mitigate the impact of RABA," the Revenue Aligned Budget Authority provision in the 1998 Transportation Equity Act for the 21st Century.