Congressional Budget Allocates Much More Money for Transit

If it’s up to Congress, transit projects will receive a significant funding boost in the Congressional spending bill. According to Curbed, “The Community Development Block Grant program, which many local governments have used to fund streetscaping, cycling, and pedestrian-friendly projects, would receive a significant boost, rising to $3.3 billion from the $3 billion allocated in 2017.” Further, “the bill includes more money for Capital Investment Grants, which help pay for transit projects, increasing spending from $2.4 to $2.6 billion, and would allocate $1.5 billion for the TIGER Grant program, tripling the $500 million spent on the program in 2017,” as well as $540 million to upgrade Amtrak’s Northwest Corridor. The budget may even include money for the Gateway Tunnel Project linking New York and New Jersey—with perhaps $30 million of the funds slated for Amtrak. 

However, President Trump has threatened to veto any spending bill which would allocate funds to the Gateway Tunnel Project. Trump’s initial budget had eliminated the Community Development Block Grant program, and the original $52 billion in transit cuts Trump had proposed would have impacted the Capital Investment Grants and the TIGER Grant programs as well. APTA President and CEO Paul P. Skoutelas said, “the president’s proposed cuts would endanger 53 projects in the pipeline across the nation, putting 500,000 jobs at risk, including both general construction and related manufacturing jobs.” 

Given the considerable differences between Trump’s proposals and the actual Congressional spending bill, a veto—and government shutdown—may seem inevitable. With past Republican Presidents, a spending bill from a Republican Congress would have been a sure thing, Trump has shown a willingness, however, to fight almost as much with his own party as with the Democrats. All we can do is wait and see what happens.

Follow us on social media for the latest updates in B2B!

Latest

E2B: Energy to Business: Why Threat of Rail Strike Heightened Supply Chain Issues
October 4, 2022
  Freight rail is a critical mode of logistics and transportation for moving products throughout the supply chain. So, when the recent threat of a rail strike nearly derailed the supply chain and cost the Read more
Better Broadband: IoT and Connectivity as a Service
October 4, 2022
 In early July 2022, nearly a quarter of the Canadian population was disconnected after a significant network went down. The outage impacted emergency services, banks, hospitals, and nearly every Read more
work email
Should We Be Rethinking Multifactor Authentication?
October 3, 2022
KEY POINTS: KEY POINTS: Attacks exploiting multifactor authentication are on the rise. Using MFA fatigue, attackers successfully breached Uber and Okta. Security measures like Read more