Bus

President's budget proposal includes $74B for U.S. DOT

Posted on February 13, 2012

President Barack Obama proposed a $74 billion budget for the U.S. Department of Transportation (US DOT) that will lay a new foundation for economic growth and competitiveness by investing in the country's national infrastructure network, building on recent safety achievements, and modernizing transportation systems through research and innovation.

The proposal was praised by Secretary of Transportation Ray LaHood.

"President Obama's budget for the Department of Transportation reflects our commitment to investing in an America that is built to last," said Secretary LaHood. "A strong American economy depends on the roadways, runways, and railways that move people and goods from coast to coast and around the globe. President Obama's plan will enable us to build the American infrastructure we need for tomorrow while putting people back to work today."

The centerpiece of the President's FY 2013 budget for the department is a six-year $476 billion surface transportation reauthorization proposal that will improve America's highways and transit networks, continue to ensure that these systems are safe, and give travelers new options by enhancing and expanding passenger rail service. This proposed budget would be fully paid for using half the six-year savings achieved from ramping down the wars in Iraq and Afghanistan, with the other half used to pay down the national debt.

To strengthen the backbone of America's transportation network, the six-year budget includes $305 billion to rebuild America's roads and bridges, a 34% increase over the previous authorization. To help meet growing demand, the proposal also includes $108 billion in funding for affordable, sustainable and efficient transit options, a 105% increase over the previous authorization.

The Administration's national high-speed rail proposal is another critical part of its vision for modernizing America's transportation network. The budget provides $2.5 billion for the first year of a six-year, $47 billion rail investment plan. This will help the Federal Railroad Administration continue to work with states as they plan and develop high-speed and intercity passenger rail corridors across the country. It will also place high-speed rail on equal footing with other transportation programs, revitalize domestic rail manufacturing and ensure that the nation can reach President Obama's goal of providing 80% of Americans access to high-speed rail within 25 years.

The new budget also reaffirms Secretary LaHood's strong commitment to maintaining the highest safety standards for Americans traveling by any mode of transportation. While road, transit and air travel are currently the safest they have ever been in America, the U.S. DOT will build on previous successes to make them even safer. To accomplish that goal, the budget provides nearly $30 billion over the next six years for surface transportation safety programs, an increase of 137% over the previous authorization. This includes $330 million over six years for the department's ongoing campaign against distracted driving. The reauthorization proposal would also give the Federal Transit Administration authority to oversee rail transit safety in cities across the country.

The FY 2013 budget also proposes a series of Pipeline Safety initiatives that will strengthen oversight of our Nation's pipelines.

To view the budget summary document, click here.

 

View comments or post a comment on this story. (0 Comments)

More News

TransPro’s Mark Aesch to Deliver Keynote Address at BusCon 2015

The session, sponsored by Q’Straint, will surely inspire participants as Aesch will bring to life stories from lessons learned during his many years as a transit management leader and innovator.

Port Authority to realign gates at NYC bus terminal

The changes are aimed at improving bus operations and reducing congestion in the terminal that can stretch back out into the inbound Lincoln Tunnel and beyond.

Mich. BRT plan on track, set for possible 2018 launch

The 8.3-mile route, with a proposed 27 stops, would replace the Capital Area Transportation Authority’s current Route 1 from downtown Lansing to the Meridian Mall. Results from the plan’s environmental assessment study are expected to be shared at a public hearing this fall.

Kiel Seats part of largest refurbished electric fleet in North America

Left on purpose without upholstery option, each double seat weighs only 45 lbs. yet provides an optimum of comfort for riders through its ergonomically formed design. The slim contour of the seat’s back offers a maximum of legroom for passengers and enhanced accessibility getting in and out of the seat.

NJ TRANSIT to add 772 MCI Commuter Coaches

The latest equipment purchase in a 33-year relationship, the $395 million order for clean diesel, cruiser-style coaches will offer NJ TRANSIT riders three-point seatbelts and comfortable forward-facing seating for 57 passengers.

 

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close