Oregon treasurer: Tight deadline for Columbia River bridge decision

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PORTLAND — State Treasurer Ted Wheeler is warning of the tight deadline for a decision on a possible Oregon-only project for a new bridge across the Columbia River from Portland to Vancouver.

Wheeler sent a letter Monday to the governor's top adviser on the project saying a lot of work needs to be done in a short amount of time.

The Oregonian reports Wheeler is in a bind because he has the responsibility to analyze financing and its impact on Oregon's debt capacity and credit rating.

Wheeler would have to do that before a possible special session of the Legislature next month that would have to act before a Sept. 30 deadline to apply for federal funding.