(Washington, DC - January 28, 2009) An adviser to the U.S. Department of Transportation praised the U.S. House of Representatives for approving an amendment by voice vote this afternoon to increase transit capital funding in the stimulus bill by $3 billion or 33 percent, from $9 billion to $12 billion.
Specifically, the amendment offered by U.S. Representatives Jerrold Nadler (D-NY), Peter DeFazio (D-OR), Dan Lipinski (D-IL), Keith Ellison (D-MN) and Michael McMahon (D-NY) would provide $1.5 billion in funding for transit capital improvement program and $1.5 billion for the New Starts Program.
The U.S. Department of Transportation reports that $12 billion is needed annually to maintain and improve our transit systems. The Federal Transit Administration reports that $4 billion in existing New Starts funding agreements are outstanding.
"Transit investment and repair of existing infrastructure are the best use of transportation funds to create jobs and connect Americans to work,” concluded Replogle. “As a bonus, these investments will help set America on a course to cut dependence on foreign oil. We urge the Senate to increase transit funding, emphasize infrastructure maintenance and operations, and require full transparency when it votes on its stimulus package.”
Transportation For America has identified more than $5 billion in new transit extension and rail projects that could be ready to go in 120 days, generating over 178,000 new jobs. These investments could put people to work in the manufacturing sector building new rail cars and bus vehicles, in the steel and concrete industries, in design and planning professions, and in construction and operations. New transit lines have also been demonstrated to generate substantial economic development, which yield economic benefits far beyond the life of the recovery bill.