Bus

Obama Administration: Use or lose earmarks

Posted on August 17, 2012

The Obama Administration announced it won’t allow infrastructure funds to sit idle as a result of stalled earmark projects at a time when hundreds of thousands of construction workers are looking for work. U.S Transportation Secretary Ray LaHood is making over $470 million in unspent earmarks immediately available to states for projects that will create jobs and help improve transportation across the country.

“My administration will continue to do everything we can to put Americans back to work,” said President Barack Obama. “We’re not going to let politics stand between construction workers and good jobs repairing our roads and bridges.”

President Obama vowed to veto any bill that comes to his desk with earmarks and would support legislation to permanently ban earmarks. But, $473 million in highway earmarks from FY2003-2006 appropriations acts remain unspent years later. Those acts contain provisions that authorize the Secretary to make the unused funds available for eligible surface transportation projects.

Effective immediately, state departments of transportation will have the ability to use their unspent earmarked highway funds, some of which are nearly 10 years old, on any eligible highway, transit, passenger rail or port project.

States must identify the projects they plan to use the funds for by October 1 and must obligate them by the end of 2012.

“Particularly in these difficult fiscal times, states will be able to put these dollars to good use,” said Federal Highway Administrator Victor Mendez. “These funds will create jobs in the short term and help bring about what President Obama called ‘an America built to last.’”

To ensure that this funding is quickly put to good use to improve our nation’s infrastructure, funds not obligated by the December 31 deadline will be proportionally redistributed in FY 2013 to states that met the deadline.

For a list of earmarks, click here.

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

More News

FTA confirmed to speak on new bus testing rule, more at BusCon 2016

A Transit Maintenance Forum pass is $98 and includes the forum as well as access to BusCon’s full educational program, the exhibit hall full of buses, networking event at the Indianapolis Motor Speedway Museum and much more.

Forest River ranks Top 3 Spots in Ford's top volume accounts

Starcraft Bus, Elkhart Coach and Glaval Bus finished first, second and third, respectively.

Tripling of insurance premiums confronts bus drivers in labor dispute

The cost of Blue Cross Blue Shield of Michigan coverage for The Rapid drivers is proposed to spike 49 percent Oct. 1, pushing up monthly premiums for family coverage by $669.

CapMetro plan would nearly triple high-frequency routes

The changes recommended in the Connections 2025 draft plan would be implemented in phases over the next 10 years.

French bus operator becomes first in Europe to accept Bitcoin

Isilines, a new long-distance passenger transport division of Transdev Group, has been using Bitcoin as a method of payment alongside traditional credit card payments on its website since early August.

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 number 1 resource for vocational 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