Page 2 - Transit Programs News Today

Thank you. >> lawmaker on capitol hill is calling for them to lose paychecks if they dont pass a budget blue print. the concept is part of a series of reform ideas getting a hearing today in front of the senate homeland security and government affairs committee. the senate has approved a two-year $109 billion transportation bill. the vote was 74-22 indicating broad bipartisan support for the overhaul of highway and transit programs. so far, the house has been unable to pass its version of the le...

Vision of what a military operation in syria would look like that had to do with miscommunication at panettas testimony yesterday on capitol hill. the deputy oil minster has reportedly defected and posted a video on you tube that make him the highest ranking official to leave since the up rising began a year ago. >> per new concerns about the nuclear program today. images of a facility appear to show trucks and earth moving vehicles at the site. diplomats say that indicates a clean up of radioac...

Packages into law. the $17.6 billion bill will exempt employers from social security payroll taxes on new hires who were unemployed. it will fund highway and transit programs through the end of the year and extend a tax break for businesses that spend money on capital investments. it will also expand a program that helps fund state and local construction projects. cnn will have live coverage of the presidents remarks at the signing. thats 11:20 a.m. eastern time. it seems -- it seems every day...

President obama is expected to sign the jobs bill. the bill passed the senate today. it contains about 18 billion in tax breaks and an infusion of cash into highway and transit programs. charities here in the u.s. have raised close to $1 billion. approximately $66 million of the total was in response to the star-studded telethon that was broadcast on major tv networks, including cnn back in january. and reporters and politicians took just a little break from the health care debate at the rad...

For social security taxes on new hires who are unemployed for at least 60 days. it will also fund highway and transit programs throughout the rest of this year. and extend tax breaks for businesses thats been on capital investments. that means like buying equipment for their operations. it will also help state and local governments fund capital construction projects as well. this is a thinner version of the $85,000 bill coming out of the senate finance committee. it was a bipartisan action by se...

On the job after one year, well, the business will get an extra $1,000 credit. now, the bill also funnels about $20 billion into highway and transit programs. lawmakers said the moves are paid for by crackdowns on offshore tax havens. the associated press has reported it will add $13 billion to the debt over the next three years. counter terrorism officials calling it a powerful blow against al qaeda. they say drones in pakistan have killed one of the groups key leaders. a bomb expert who helped...

Im sure you have an explanation. >> excuse me! >> are you concerned about those that are going to lose their benefits? >> well, i read a report that said he was going back down to the floor because the democrats in the senate could approve it with unanimous consent. at issue is this -- on sunday night, a bunch of government programs expired including highway and transit programs and included in that were unemployment benefits for 400,000 americans. now, theres a whole another bill -- >> extensio...

Asian life insurance business. the price tag? $35 billion most of it in cash. its aigs biggest asset sale since being rescued by the government. wall street is hoping greece may finally get a bailout of its own. european and greek officials are meeting today and there is talk that a deal could be hammered out soon. and the transportation department will lay off 2,000 workers today, furloughed without pay because the senate failed to pass a bill to extend highway and transit programs. this is a...

Republican senate negotiators put out a statement saying "our bill streamlines environmental review processes for the long-term and gives more authority and flexibility to the states to decide their own funding. >> because of this compromise millions of workers in the transportation and construction industries know that their jobs will not disappear. this is a two year bill that allocates $100 billion for highway and transit programs and funding was set to expire tomorrow night. greg? >> democra...

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