7/6/2012 5:30:00 PM
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President Obama signed the federal highway bill into law at the White House Friday afternoon, which will fund transportation programs through September 2014, C-Span reported.
The transportation bill approved last Friday by Congress allows more than $100 billion to be spent on highway, mass transit and other transportation programs during the next two years, the Associated Press reported.
Obama had previously signed a temporary measure to carry through the July 4th week, as the previous transportation funding extension expired on June 30.
American Trucking Associations President Bill Graves praised Congress and the President for passing the measure into law.
The highway law “advances the cause of highway safety and will ultimately be seen as a springboard to even more robust transportation funding in the future,� Graves said in a statement.
ATA had previously praised the law’s provisions affecting the trucking industry.
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