Last night, the Senate cleared the $305 billion surface transportation reauthorization revealed this week. This is the first five-year highway and transit reauthorization Congress has passed since 2005.The bill also includes a four-year extension of the Export-Import Bank charter, through fiscal 2019.
The measure passed by a 83-16 vote. Passage of the highway and transit bill comes one day before the current law expires.
President Obama is expected to sign it shortly.