House passes five-month transportation funding extension

WASHINGTON (Reuters) - The U.S. House of Representatives passed a five-month transportation funding extension on Wednesday that avoids an Aug. 1 road construction slowdown but does nothing to revive the idled U.S. Export-Import Bank.

Passed by a 312-119 vote, the House bill would authorize federal spending on highway and rail transit projects through Dec. 18 and inject about $8.1 billion into the rapidly dwindling Highway Trust Fund.

(Reporting by David Lawder; Editing by Peter Cooney)

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