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Editor’s Note: For updates, please see “Top-Line Guide for Transportation Spending and Infrastructure Investment” below.
The proposed DOT funding is up $317 million, or 1.3%, over FY 2021 enacted funding. But it is “only a fraction” of the DOT’s “total budgetary resources,” according to OMB. “The majority of DOT’s financial assistance to states, localities and transportation authorities is provided through mandatory funding derived from the Highway Trust Fund, as part of multiyear surface transportation authorizations.”
The President’s “forthcoming” budget will include “major, complementary mandatory investments and tax reforms,” OMB said.
Among the discretionary request provisions:
• $625 million for a new passenger rail competitive grant program.
• $375 million for Consolidated Rail Infrastructure and Safety Improvement (CRISI) grants. This is “equal to the FY 2021 enacted level,” according to the American Public Transportation Association (APTA).
• $2.7 billion for Amtrak “to provide improvements and expansion on the Northeast Corridor and throughout the nation’s passenger rail network,” OMB reported. This is a 35% increase from the FY 2021 enacted level, according to APTA.
• $2.5 billion for the CIG (Capital Investment Grant) program. This is up 23% from the 2021 enacted level, APTA noted.
• $250 million for grants for transit agencies to purchase low- and no-emission buses. “This funding, combined with the assumed $55 million of contract authority of the FAST Act, would provide $305 million for the Low or No Emission Grant Program, a 69% increase from the FY 2021 enacted level,” according to APTA.
• $110 million to establish a “Thriving Communities Initiative Pilot,” which would provide “funding for grants and technical assistance to communities” and “serve as a down-payment on advancing transportation equity.”
• $1 billion for the Better Utilizing Investments to Leverage Development (BUILD) grant program, which is “equal to the FY 2021 enacted level,” according to APTA.
Sen. Patrick Leahy (D-Vt.), Chairman of the U.S. Senate Committee on Appropriations
“I look forward to receiving the Administration’s full budget in the coming weeks so that Congress can pass a budget resolution and the Senate Appropriations Committee can begin marking up bills,” said Sen. Patrick Leahy (D-Vt.), the Committee Chairman. “It has been a trying year for all of us. Congress must come together on a bipartisan basis and do the work of the American people by marking up all 12 appropriations bills.”
Top-Line Guide for Transportation Spending and Infrastructure Investment
Donald M. Itzkoff, Railway Age Contributing Editor, and Chief Policy Officer of Patriot Rail Company LLC and Patriot Port Holdings.
“With President Biden’s proposal for $2 trillion in new infrastructure investment [through the American Jobs Plan], Washington, D.C., has launched three parallel debates about federal transportation spending,” explains Railway Age Contributing Editor Donald M. Itzkoff, who is Chief Policy Officer of Patriot Rail Company LLC and Patriot Port Holdings.
Here, Itzkoff provides a quick snapshot of how the dialogue interlocks:
This article first appeared on www.railwayage.com
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