It seems like Congress just extended the federal transportation bill, Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU), but Transportation Issues Daily says that there are only about six legislative days in which to pass a new bill or start drafting another extention, as the current extention expires June 30.
The prevailing thought is that an extention is probably what will happen, rather than a new bill. Senator Boxer maintains that as much as 80% of the bill is worked out but there are big unresolved differences such as environmental streamlining and Keystone XL.
The question now is apparently the length of the extension. There is apparently the risk of a gamble that would cause the US Department of Transportation to shut down for a time. Anyway, read the story at the link ahead to see all the variables involved in getting either a new bill or an extention passed.