Sen. Barbara Boxer (D-CA), Chairman of the Environment and Public Works Committee, and Rep. John L. Mica (R-FL), Chairman of the Transportation and Infrastructure Committee, issued the following statement regarding the surface transportation bill conference:

"The conferees have moved forward toward a bipartisan, bicameral agreement on a highway reauthorization bill. Both House and Senate conferees will continue to work with a goal of completing a package by next week."             

Consensus on a transportation authorization bill has been stalled since SAFETEA-LU expired in September 2009, with the both the House and Senate releasing and approving two vastly different bills.

METRO Magazine will have more information as the story continues to develop.

For more from The Hill on the week's developments leading up to today's announcement, click here.