Tuesday, February 3, 2015

President Obama unveils FY2016 Budget

The President's budget includes $478 billion for a six-year surface transportation reauthorization proposal to support infrastructure and create jobs.  Here is a breakdown of the funding included in the President's budget, which was revealed yesterday.

  • $317 billion for roads and bridges
  • $143 billion for transit and passenger rail service
  • $18 billion for multi-modal freight programs
  • $1 billion annually for credit assistance for nationally and regionally significant transportation projects.
To learn more about the budget, click here.

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