February 26, 2009

U.S. DOT unveils 2010 budget framework

The U.S. Department of Transportation (DOT) unveiled the framework of its proposed fiscal year 2010 budget.

 

President Obama will work closely with Congress over the next few months to determine the details for funding surface transportation.

 

“This Administration inherited a difficult problem — a system that can no longer pay for itself,” Secretary LaHood said. “We are looking at every option to solve it, but we are not going to be ready overnight.”

 

The budget proposal provides a broad framework that commits funds for sustainable solutions for surface transportation, explores options to make the nation’s communities more livable through increased funding for public transit, supports development of a high-speed rail network across the country and supports the Next Generation Air Transportation System to modernize the air traffic control system.

 

The Administration has proposed a five-year, $5 billion high-speed rail state grant program. This funding will build on the $8 billion down payment in the American Recovery and Reinvestment Act of 2009.

 

Additional budget details will be available in April.

 

Visit the OMB Website for additional details on the President's Budget. http://www.whitehouse.gov/omb/budget/

 

deli.cio.us digg it stumble upon newsvine
[ Request More Info about this product / service / company ]


E-NEWSLETTER

Receive the latest Metro E-Newsletters in your inbox!

Join the Metro E-Newsletters and receive the latest news in your e-mail inbox once a week. SIGN UP NOW!

View the latest eNews
Express Tuesday | Express Thursday | University Transit

White Papers

Mass Transit Capital Planning An overview of the world-class best practices for assessing, prioritizing, and funding capital projects to optimize resources and align with the organization’s most critical immediate and long-term goals.

More white papers


STORE
METRO Magazine - April 2013

METRO Magazine
Here are the Highlight:
  • BRT Survey: Coordination Construction Top Challenges
  • Hydrogen Fuel Cells Gather Steam as Viable Fleet Option
  • Alternative Project Delivery Opens Doors to Innovation
    And much more…
  •  
    DIGITAL EDITION

    The full contents of Metro Magazine on your computer! The digital edition is an exact replica of the print magazine with enhanced search, multimedia and hyperlink features. View the current issue