Biden Proposes $25.6B USDOT Budget

The Biden administration has proposed a $25.6 billion budget for the U.S. Department of Transportation for federal fiscal year 2022.

That would be an increase of $317 million, or 1.3 percent, over what Congress enacted for FY 2021.

The Office of Management and Budget said that figure is “only a fraction” of the DOT’s “total budgetary resources.”

OMB said most 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 administration has proposed that Congress approve $625 million for a new passenger rail competitive grant program, $375 million for Consolidated Rail Infrastructure and Safety Improvement grants, $2.7 billion for Amtrak, $2.5 billion for the Capital Investment Grant program, and $250 million for grants for transit agencies to purchase low- and no-emission buses.

The later 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.

The budget also proposes $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.”

The Better Utilizing Investments to Leverage Develop grant program would receive $1 billion.

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