Recent Streetsblog NYC posts about Federal Funding

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Mica, GOP Leadership Looking to Raise Transportation Spending Levels in Bill

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According to yet another great report from Jeff Davis at Transportation Weekly, House Republican leadership has given House Transportation Committee Chair John Mica permission to seek additional revenues to fund the transportation reauthorization at levels $15 billion higher than initially proposed. One Republican source, quoted in Transportation Weekly, said that given the persistently high unemployment […]
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Senate Saves a Sliver For High-Speed Rail

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President Obama had sought $8 billion for high-speed rail in 2012. The House-passed budget had exactly zero. The Senate bill approved by the Transportation subcommittee Tuesday followed suit. But the full Appropriations Committee yesterday put $100 million back into next year’s budget for the president’s signature transportation initiative. Senator Dick Durbin, co-chair of the High-Speed […]
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Obama: “I Will Veto Any Bill” Without Tax Increases on the Wealthy

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In a Rose Garden speech this morning, President Obama soundly rejected Republicans’ push to address the deficit exclusively through spending cuts with no tax increases. He was responding to House Speaker John Boehner, who said last week that tax increases were “off the table.” The outcome of the current deficit-cutting fight could have significant implications […]