Government Issues

President Obama plan would provide $32.4B boost for transportation

Posted on February 8, 2016

Elliot P
Elliot P

WASHINGTON, D.C. — President Barack Obama will propose a $10-per-barrel fee on oil production to fund a new $32.4 billion green transportation plan, The Hill reports.

According to the President’s plan, nearly $20 billion would go toward public transit annually, with another $10 billion going toward new federal funding streams for cities and states that cut carbon emissions from their transportation sectors, and $2.4 billion going to clean vehicle research and innovation.

While the plan would be a significant boost for public transit, it is expected to not garner any favor from Congress, The Hill reports. For the full story, click here.

View comments or post a comment on this story. (1 Comment)

More News

FMCSA to provide additional ELD transition guidance

Will include a 90-day temporary waiver from the ELD requirement for transporters of agricultural commodities, formal guidance specifically pertaining to the existing Hours-of-Service exemption for the agricultural industry, and guidance on the “personal conveyance” provision.

Utah becomes 3rd state to obtain federal State Safety Oversight certification

If a state fails to meet the deadline, the FTA is prohibited by law from awarding any new federal transit funds to public transportation agencies within the state until certification is achieved.

APTA Board of Directors selects new President/CEO

In a unanimous vote today, the board named Paul P. Skoutelas to serve as its new leader effective January 8, 2018.

U.S. DOT publishes rule to enhance safety, combat opioid epidemic

The ability to test for a broader range of opioids will advance transportation safety significantly and provide another deterrence to opioid abuse, which will better protect the public and ultimately save lives, according to Secretary of Transportation Elaine L. Chao.

Santa Barbara MTD named Calif. Transit Agency of the Year

California Transit Association’s Transit Agency of the Year award recognizes a program or service that demonstrates innovative concepts, effective problem-solving techniques, or promotes a positive image of transit in the community.

See More News

Post a Comment

Post Comment

Comments (1)

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