| 
            
			 The Republican-controlled House of Representatives was poised on 
			Tuesday to approve a $10 billion infusion for the fund, enough to 
			keep money flowing to road, bridge and transit projects at least 
			through the end of May 2015. 
			 
			Without new money, the Department of Transportation has said it will 
			start to cut back federal funding for projects by nearly a third on 
			August 1, putting hundreds of thousands of jobs at risk. Congress 
			begins a five-week summer recess that same day.  
			 
			White House support for the 10-month extension has annoyed some 
			Democrats who are opposed because it would push decisions on 
			long-term funding to a newly elected Congress next year. 
			 
			Obama weighed in on the issue shortly after taking a wild ride in a 
			car simulator at a highway research center in McClean, Virginia, 
			near Washington. 
			
			  "The good news is there are bipartisan bills in both the House and 
			the Senate that would help with a short-term fix. And I support 
			that. At the very least, Congress should be keeping people on the 
			job who are already there right now," Obama said. 
			 
			"But all this does is set us up for the same crisis a few months 
			from now. So Congress shouldn’t pat itself on the back for averting 
			disaster for a few months, kicking the can down the road for a few 
			months, careening from crisis to crisis when it comes to something 
			as basic as our infrastructure." 
			 
			The Highway Trust Fund, which has been supported by fuel tax 
			revenues since its inception in 1956, has run chronically short of 
			money in recent years because of higher construction costs and 
			improved vehicle fuel economy. Trucking firms and many other 
			industry groups favor an increase in fuel tax rates, which have 
			remained unchanged since 1993.  
			 
			House Republicans have ruled that out, and their temporary measure 
			would be funded by revenues from pension accounting changes and 
			increased customs fees, which have received support from both 
			Democrats and Republicans in the past. 
			 
			The Senate Finance Committee has approved a similar extension, with 
			some different offsets to improve tax compliance. Both versions 
			would also transfer $1 billion in existing money to construction 
			projects from a fund for cleanup of leaking underground fuel storage 
			tanks. 
			 
			
            [to top of second column] 
			
			   | 
            
             
            
			  
			CARS OF THE FUTURE 
			 
			During his visit at the research center, Obama touted work on 
			so-called vehicle-to-vehicle and vehicle-to-infrastructure 
			communication technology to improve navigation. The technology 
			allows cars, trucks and other vehicles to send real-time information 
			wirelessly, an innovation researchers hope can help reduce accidents 
			and boost fuel efficiency by alleviating traffic. 
			 
			"As the father of a daughter who just turned 16, any new technology 
			that makes driving safer is important to me," Obama said, referring 
			to his oldest daughter, Malia. 
			 
			U.S. regulators are already crafting a proposed rule that would 
			require all new vehicles to use the new technology, which could be 
			put in place by early 2017, before Obama leaves office. 
			 
			The event was meant to showcase efforts to ensure vehicle-to-vehicle 
			communication is safe, pointing to a joint effort between leading 
			carmakers and the University of Michigan Transportation Research 
			Institute. 
			
			  
			Ford Motor Co, General Motors Co, Honda Motor Co, Hyundai Motor Co, 
			Daimler AG's Mercedes-Benz Research and Development North America, 
			Inc., Nissan Motor Co, Toyota Motor Corp, and Volkswagen AG are all 
			part of the research effort, according to the White House. 
			 
			(Additional reporting by Susan Heavey and Steve Holland; Editing by 
			Dan Grebler) 
			[© 2014 Thomson Reuters. All rights 
				reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published, 
			broadcast, rewritten or redistributed. 
			
			   |