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Since the last federal surface transportation act expired last fall, Congress has been granting short-term extensions. The current extension is scheduled to expire March 28.
Read More →How Congress and the administration respond to these demands of a lengthier extension or a full six-year renewal of federal law may determine the future of the industry as we know it.
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With the nation in the grips of an economic downturn and Congress inching slowly toward resolution on other important bills, it’s beginning to look as if SAFETEA-LU will continue to be extended until Congress and the Obama administration can clear their slate and focus on finding a way to fund the bill.
Read More →Includes $10.231 billion in new budget authority for public transportation — a $740 million increase, or 7.8 percent, over last year’s level, but $106 million less than the level authorized in SAFETEA-LU.
Read More →Plan calls for an annual 20 percent increase in federal transit funding, with the program being funded at a guaranteed level of more than $30 billion annually by 2015.
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