Biden Wants Increased Transportation Spending

The Biden administration has proposed increasing funding on railroad and public transit programs in federal fiscal year 2023 in a $5.79 trillion budget proposal.

The administration sent its budget recommendations to Congress this week.

Biden proposed spending $105 billion for the U.S. Department of Transportation with another $37 billion in advance appropriations provided for by the Infrastructure Investment and Jobs Act.

The budget calls for $4.66 billion for the Federal Railroad Administration. The agency received $2.86 billion in the past two fiscal years.

Amtrak would get $3 billion, including $1.8 billion for the national network and $1.2 billion for the Northeast Corridor.

The Federal Transit Administration would receive $16.87 billion, which includes $300 million for rail car replacement.

Some funding in the proposed FTA budget would cover work on the Portal North Bridge replacement project in Amtrak’s Northeast Corridor, and $100 for engineering work on the Hudson Tunnels project between New York City and New Jersey.

Other notable transportation funding includes $2.85 billion for Capital Investment Grants, $500 million for the Consolidated Rail Infrastructure and Safety Improvements grants, $555 million for the Federal-State Partnership for Intercity Passenger Rail program, $245 million for the Railroad Crossing Elimination program, and $1.5 billion for Rebuilding American Infrastructure with Sustainability and Equity grants and the new National Infrastructure Project Assistance Grant program,

The figures for those programs do not include funding authorized by the infrastructure act approved last year. All funding proposals are subject to congressional approval.

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