WASHINGTON -- Ignoring a White House veto threat, the bipartisan leaders of the House Public Works and Transportation Comittee yesterday unveiled a $153 billion highway bill that would be financed in part with a 5-cents-a-gallon federal gasoline tax increase.

The bill, as expected, did not include any tax-exempt bond provisions, but Rep. Norman Mineta, D-Calif., its principal author, said he had considered including a mjor provision in that area suggested by Felix Rohatyn, partner with Lazrd Freres & Co.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.