Regional News

Oregon, Washington Given More Time To Repay Federal Highway Funds

(Salem, OR)  --  The federal government is giving Oregon and Washington more time to pay back more than 135-million dollars used to fund planning and engineering on the now-cancelled Columbia River Crossing project.  "The Oregonian" quotes federal officials as saying 81-million dollars of the Federal Highway Administration money was spent by Oregon, with the remainder spent by Washington.  Oregon decided to end the project last March, and the federal government is asking for the money back.  The feds are giving the two states an additional five years to begin repayment, meaning the first installments won't be due until 2019.

On Air Now

Financial Focus with Tyler Simones and Josh Fenili
1:00pm - 3:00pm
Financial Focus with Tyler Simones and Josh Fenili



News Disclaimers