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President Obama Proposes Major Funding Increases, Reorganization for Nation’s Transport

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 02:19 PM
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President Obama Proposes Major Funding Increases, Reorganization for Nation’s Transport
http://2.bp.blogspot.com/_6wcUW7PCqLU/SVUb8JE2wwI/AAAAAAAAAe8/BRFvYskAqPE/s400/zzValley+Metro+Lightrail.jpg


from the Transport Politic blog:




Today, the White House Office of Management and Budget released the President’s proposed FY 2012 budget, announcing a major increase in funding for the nation’s transportation infrastructure, both this year and over the next six.

The President, if his wishes are endorsed by the Congress, would increase federal support for transportation to $128 billion in 2012, compared to $77 billion in 2010. The Administration will begin pushing for a $556 billion six-year transportation bill, almost doubling what was approved in SAFETEA-LU, the last — and now expired — piece of transportation legislation. Though the White House has yet to demonstrate where it would find the funding to support these measures, the President has argued that any increased spending be compensated through reduced spending elsewhere or revenue increases.

Funding would apparently come from a “bipartisan financing for the transportation trust fund,” though no such agreement on what that means yet exists.

.....(snip).....

Though the Administration would increase funding for roads construction from $41 billion in the previous budget to $70 billion, that increase is dwarfed in percentage by proposed spending on transit, which would more than double from $8 billion annually currently to $22 billion. Over six years, spending on capital improvements for public transportation would add up to $119 billion. Some reorganization of the Department of Transportation would occur, as 55 overlapping highway grant programs would be morphed into just five, easing accountability and management. ................(more)

The complete piece is at: http://www.thetransportpolitic.com/2011/02/14/president-obama-proposes-major-funding-increases-reorganization-for-nations-transport/



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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 02:31 PM
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1. With crumbling roadways and clogged sky we need relief with transpiration
Many here don't think High Speed Rail is worth it, but it is about time we do something about Rail transportation as well as the highways.

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 02:37 PM
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2. Unfortunately this proposal is DOA
Republicans hate mass transit with a passion. Maybe the roads part will make it. But I doubt that too.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 02:42 PM
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3. Good. Trying to get that through a nut job congress is another matter.
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