Trump budget proposes $1T for transportation infrastructure investments

US Department of Transportation | February 11, 2020

The Trump administration this week released its FY 2021 budget, which includes a proposed $1 trillion in transportation infrastructure investments. The president's budget also requests $21.6 billion for the U.S. DOT in discretionary budget authority for 2021, which is a $3.2 billion (or 13%) decrease from the 2020 enacted level. According to a report from the Washington Post, the budget also cuts more than $2 billion in highway infrastructure funds and more than $500 million in transit grants. The budget proposes a 10-year reauthorization of surface transportation systems, including $755 billion in mandatory spending from the Highway Trust Fund, and $55 billion in authorizations of discretionary budget authority from the General Fund. The $810 billion reauthorization of surface transportation programs includes highway, transit, rail, highway safety, and hazardous materials safety programs. The budget includes an additional $190 billion for additional infrastructure investments for a transportation infrastructure investment total of $1 trillion.

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EMERGING TECHNOLOGY

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