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Federal Budget Released

On Monday, February 1, the Obama Administration Released its budget for 2011. Highlights from the Transportation section include:

  • Transportation gets slight increase in spending
  • $527 million for livability partnership (with HUD giving $150 million and EPA contributing $10 million)
  • $4 Billion dollar infrastructure bank (New York Times Energy and Environment)
  • $30 million would establish a federal transit safety oversight program
  • $ 1 billion a year for high speed rail funding
  • Commits to develop long term solutions to financing and performance
    • Administration seeks to integrate economic analysis and performance measurement in transportation planning to ensure tax dollars better targeted and spent.
    • Needs a program that “increases options, promotes s sustainable environment, and makes our economy more productive.”
    • States funding transportation with gas tax is unsustainable. Does not suggest alternative.

View the Department of Transportation Funding Highlights here.

The full USDOT Budget can be viewed at www.dot.gov/budget/2010/2011budgethighlights.pdf.

Visit the Federal Budget Fact Sheet and the Federal Budget Department of Transportation Fact Sheet for further information.

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