Posts Tagged "budget"
House proposes cuts to TIGER and transit construction, stable funding for other programs for fiscal 2016
The House Appropriations Committee introduced a Transportation, Housing and Urban Development (T-HUD) bill for fiscal 2016 that, as in years past, features heavy cuts to TIGER, New Starts and Amtrak.
Statement in response to President Obama’s FY2016 budget for transportation
The Obama Administration Monday released a budget outline that envisions a six-year, $478 billion surface transportation authorization, paid for in part with a 14 percent tax on U.S. companies’ profits that are now parked overseas. It includes spending $94.7 billion in FY 2016 for roads, bridges, transit systems and freight networks, nearly double the current amount. Transportation for America Director James Corless issued this statement in response:
House proposes a trust fund Band-aid through May, 2015, with key differences from Senate
A House proposal to shore up the transportation trust fund through May, 2015, is a good news, not-so-good news proposition. Late yesterday, House Ways and Means Chairman Dave Camp (R-MI) proposed a $10.8 billion infusion to cover a looming deficit in the Highway Trust Fund. The money for the next few months would come mostly […]
Summary of the President’s budget for transportation
This week President Obama released his proposal for next fiscal year’s budget (FY15), outlining his vision and priorities for the coming fiscal year starting this October. The President’s budget for transportation, which aligns with many things that Transportation for America and our alliance of local leaders across the country have been proposing — from the need to shore up the trust fund to the urgent economic imperative to make new investments in transportation at all levels.
T4America statement on the President’s proposed FY 15 budget for transportation
James Corless, director of Transportation for America, issued this statement in response to the Administration’s budget proposal, released today:
Graphic: Comparing the 2014 bipartisan budget to 2013
Congress passed the first full budget in three years last night after the Senate vote that will provide stable or increased funding for key programs we’ve been fighting for over the last few years. Take a look at this graphic which shows the good news for transportation in this 2014 budget compared to FY2013 figures post-sequestration.
Transportation for America congratulates Congress on adopting a 2014 budget with solid funding for transportation
Responding to House and Senate adoption of a comprehensive 2014 federal budget, Transportation for America Director James Corless issued this statement:
Reaction to transportation investment levels in the compromise federal budget bill for fiscal 2014
Proposal increases funding support for locally driven solutions Responding to release of the omnibus bill covering all federal discretionary spending for FY2014 – drafted in accordance with December’s House-Senate budget agreement — Transportation for America Director James Corless issued this statement: “We are very pleased to see that the omnibus bill gave appropriate weight to preserving […]
Cuts restored, progress possible in critical budget deal
Positive news from Congress today! Yes, you heard right. Just months after budget sequestration and a government shutdown put transportation funding at risk, House leaders have agreed to a budget deal that would provide stable or increased funding for key programs that you’ve helped us defend over the last few years.
Budget deal avoids automatic cuts; focus shifts to appropriations committees
Barring a successful rebellion within one party or the other, it looks like Congress may have the first bipartisan budget agreement since 2010. That is good news for the economy, and it is especially welcome where transportation infrastructure is concerned.
The impacts of sequestration: comparing 2012 to 2013
If your head is spinning from trying to figure out what sequestration, the “continuing resolution” for spending and the myriad proposed budgets have on transportation funding, this simple chart is for you.
Senate budget restores some sanity to transportation programs
Just a few weeks after Rep. Paul Ryan released his House budget that proposed cutting or eliminating many important transportation programs, the key Senate committee’s budget for transportation (and housing) for next year contains some good news. This doesn’t mean that the fight is over for this year — this budget will still have to be reconciled with the House, which is no easy feat. And we’ll have a battle at that point once more. It’s been tougher and tougher in the last few years to pass actual budgets for these individual programs. This year will be no different, especially heading into an election this fall.
Supercommittee failure to reach agreement could lead to deeper transportation cuts
The so-called deficit supercommittee, a bipartisan group of 12 lawmakers tasked with agreeing to $1.2 trillion in spending cuts, was supposed to unveil its recommendations this week for an up-or-down vote in Congress. But the group, established in a down-to-the-wire debt ceiling deal between President Obama and Congressional Republicans this past summer, looks like it […]
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 […]
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