Posts Tagged "budget"
Transit and TIGER funding preserved in compromise spending bill
Leading negotiators in the House and Senate released a compromise spending bill to fund the U.S. Department of Transportation, alongside several other departments, through the end of the current fiscal year in September 2012. The measure is known as a “minibus” because it collapses several appropriations bills into one package, The conference agreement between the […]
What does the debt ceiling deal mean for transportation?
With just hours to spare before the deadline, the House, Senate and President Obama have agreed (in principle) on an agreement to raise the debt ceiling. While the details of that agreement are circulating in the media, the implications for the ongoing efforts to reauthorize the transportation bill — as well as funding for current […]
Government shutdown averted in last-minute budget deal, with some cuts to transportation
Down-to-the-wire negotiations late last night between President Obama, House Speaker John Boehner and Senate Majority Leader Harry Reid resulted in a budget deal containing about $38 billion in reductions from current spending levels and the prevention of a government shutdown. The High Speed and Intercity Passenger Rail program will receive $1 billion, a reduction of $1.5 billion from the previous year, and the New Starts program — a key revenue source for transit projects throughout the country — loses $280 million, though the figure is reportedly sufficient to fund projects that have already received grants from USDOT.
Compromise on two-week spending bill temporarily spares crucial transportation programs from deep cuts
The federal government will keep the lights on next week after the U.S. Senate easily approved a two-week stopgap measure containing $4 billion in spending cuts. The vote was 91-9. Only two budget items – $650 million from a one-time Federal Highway Administration program – and a handful of legislative earmarks are transportation related.
House approves 2011 budget containing deep cuts to transportation
UPDATE, 2/19/11, 9am: The House voted 235-189 in favor of an FY2011 budget containing $60 billion in spending cuts, including $430 million in cuts to the New Starts program that funds new transit construction, $152 million in cuts to Amtrak and a zeroing out of both high-speed rail and the innovative TIGER program. No Democrats supported the continuing resolution and three Republicans opposed it.
President Obama proposes $556 billion, six-year federal transportation program
President Obama released a budget for fiscal year 2012 this morning that includes a significant boost to our nation’s infrastructure and a long-overdue emphasis on options and accountability. The $556 billion, six-year proposal is an ambitious standout in a largely sober blueprint.
House budget for the rest of 2011 has deep cuts for transportation
On the Friday before the President releases his budget for 2012 (forthcoming sometime this morning), the House Appropriations Committee, led by Chairman Hal Rogers (R-Ky.) released their funding proposal to carry the government through the rest of 2011. Quick refresher: The government is currently operating under what’s known as a Continuing Resolution (CR) that expires […]
Proposed budget would gut transit spending, passenger rail funding
The budget proposal from the Republican Study Committee, which consists of 165 of the 242 GOP House members, released a week or so ago, calls for completely eliminating the main federal transit program, zeroes out Amtrak, cuts all funding for the metro system in the nation’s capital and slashes $2.5 billion in high-speed rail grants. Sign our petition objecting to this assault on public transportation funding.
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