Obama Administration wants $2 billion in TIGER grants
(The following appeared on the Journal of Commerce website on February 14, 2011.)
WASHINGTON, D.C. The budget plan President Obama sent to Congress would sharply expand the Department of Transportation's discretionary grants program, which covers multi-modal construction projects, and would create a broad Transportation Trust Fund to manage a number of surface transportation programs.
The plan formally introduces a number of measures the president and his team have talked about for months, pairing an increase in surface transportation spending with an overhaul of how federal programs now operate. It would also lock into policy some permanent programs that began as short-term measures in the 2009 stimulus law.
For instance, Obama is asking Congress for $2 billion in the DOT's TIGER grants for the 2012 budget year that starts in October. That is up from $1.5 billion in the first year of that grant program from the 2009 stimulus, and $600 million Congress approved in the 2010 budget. The new, enlarged pool of grants from the Transportation Investments Generating Economic Recovery program would be part of $50 billion the president is seeking in initial infrastructure spending.
The full story appears on the Journal of Commerce website.
Tuesday, February 15, 2011
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