Compromise Sought On School Construction Money
Washington
A pair of House lawmakers have created a bipartisan plan that they hope will break Congress' three-year logjam over federal aid for school construction.
The plan, proposed by Rep. Charles B. Rangel of New York, the top Democrat on the House Ways and Means Committee, and Rep. Nancy L. Johnson of Connecticut, a Republican member of the committee, would create low-interest bonds that would pay for an estimated $24.8 billion in school construction and renovation costs over five years.
They will attempt to attach their measure to GOP-backed education-savings-account legislation when it comes for a vote before the full House as...
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