June 7, 2012

House Transportation budget contains $4B reduction

WASHINGTON, D.C. — The House unveiled a $51.6 billion budget for the departments of Transportation and Housing and Urban Development on Wednesday, according to The Hill.

The draft of the proposal released Wednesday contains a $3.9 billion reduction for the agencies from 2012 spending and it is $1.9 billion less than President Obama requested for the departments earlier this year. The House Appropriations Committee said it will consider its Transportation, Housing and Urban Development budget for fiscal year 2013 in a subcommittee hearing Thursday. For the full story, click here.

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