President to Reveal Details of Surface Transportation Reauthorization Proposal in Budget Request

Posted on: February 28th, 2014 by NADO Admin

President Obama is expected to include a $302 billion, four-year surface transportation reauthorization proposal in his FY2015 budget request.  The current surface transportation authorization bill, the Moving Ahead for Progress in the 21st Century Act (MAP-21,) expires on September 30, 2014.  The President will call for $150 billion in new transportation spending sourced through reforms to the corporate tax code.  The proposal will call for a 22% increase in highway spending ($206 billion over four years), a 70% boost for transit programs ($72 billion over four years), $19 billion for passenger rail programs, and a $10 billion freight program.  The plan will also recommend $9 billion in competitive funding: $5 billion for the TIGER grant program (http://www NULL.usdot NULL.gov/tiger) and $4 billion to incentivize innovative local policy reforms.  Click here (http://www NULL.whitehouse NULL.gov/the-press-office/2014/02/26/fact-sheet-president-obama-lays-out-vision-21st-century-transportation-i) to read a White House fact sheet on the proposal.

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