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Posted at 1:11 PM ET, 02/14/2011

Budget 2012: Transportation

By Ashley Halsey III

Proposing to spend $128 billion on transportation in fiscal 2012, the heart of the White House spending plan is a push for a six-year renewal of the nation's transportation blueprint.

The transportation proposal for 2012 is a 68 percent increase over the $76.5 billion expected to be spent in fiscal 2011.

Transportation traditionally has been funded with multi-year programs that allow federal, state and local transportation planners to tackle projects with confidence that the money is guaranteed. The last authorization - a five-year, $285 billion package - expired in September 2009 - and approval of a new six-year reauthorization proposal has been stalled in Congress.

On Monday, the White House proposed that $128 billion in spending for 2012 be the first expenditure in a new $556 billion six-year plan.

The administration wants to invest $8 billion in the coming year, and $53 billion over the next six, to develop high-speed and intercity rail service. The long-term plan would provide $30 billion for a National Infrastructure Bank, a creation intended to put decisions on transportation projects outside the sphere of political influence.

Amtrak is a potential big loser in the White House budget, which would eliminate direct operating subsidies to the rail line. Amtrak received $1.57 billion in capital and debt service grants, and operating subsidies, in fiscal 2010. Under the administration proposal, it would have to compete for funding from a new transportation trust fund.

View agency budget document (Annotated PDF)

Budget 2012 analysis: Full list of agencies

By Ashley Halsey III  | February 14, 2011; 1:11 PM ET
Categories:  44 The Obama Presidency, The Budget  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Budget 2012: Environmental Protection Agency
Next: Budget 2012: Interior

Comments

It looks like Mayor Richard M. Daley good friends at Walsh construction will make out very nicely Obama has already give the ok for federal funds to the ohare reconstruction 4 billion dollars to Walsh I wonder how many more billions will go to Walsh Construction with the new bill

Posted by: supernova3 | February 14, 2011 2:30 PM | Report abuse

It looks like Mayor Richard M. Daley good friends at Walsh construction will make out very nicely Obama has already give the ok for federal funds to the ohare reconstruction 4 billion dollars to Walsh I wonder how many more billions will go to Walsh Construction with the new bill

Posted by: supernova3 | February 14, 2011 2:29 PM | Report abuse

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