Budget Forecasts for Transportation Trust Funds Show General Agreement
March 14, 2024 – It’s that time of year, when dueling budget baselines means two sets of estimates for the future cash flow of the transportation trust funds.
March 14, 2024 – It’s that time of year, when dueling budget baselines means two sets of estimates for the future cash flow of the transportation trust funds.
March 15, 2024 – Yesterday President Biden re-nominated the NTSB chair for another term, six days after the Senate had confirmed two more members to the Board.
March 15, 2024 – Amtrak has submitted its own budget request for fiscal year 2025 to compete with the budget request submitted by the Biden Administration on its behalf earlier in the week.
March 15, 2024 – James Madison is often referred to as the “Father of the Constitution.” He helped draft the document and then (along with Alexander Hamilton and John Jay) wrote a series of letters, known as the Federalist Papers, urging the states to support and ratify it. He later served as the fourth U.S. president between 1809 and 1817.
March 13, 2024 – Once again, President Biden’s 2025 budget proposes to let $36.8 billion per year in IIJA funding for transportation expire after 2026, and claims $158 billion in deficit reduction over 10 years from ending this funding, which was assumed to continue in the budget “baseline.”
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March 7, 2024 – Chair Maria Cantwell (D-WA) convened a hearing for the Senate Committee on Commerce, Science, and Transportation to discuss ongoing investigations and operations of the National Transportation Safety Board, with particular attention given to the recent in-flight Boeing equipment failure on Alaska Airlines flight 1282.
March 8, 2024 – This week, the House Transportation and Infrastructure Committee held a hearing to examine stakeholder perspectives on these competitive grant programs.