U.S. DOT FORCED TO BUDGE ON BUDGET CUTS

The U.S. Department of Transportation (U.S. DOT) has been required to cut approximately $180 million from its FY2000 budget of $50 billion. The spending reduction was initiated by the House Republican Leadership to prevent surplus Social Security Trust Fund revenues from being used to offset spending elsewhere in the federal budget, but the move has met opposition from the American Road and Transportation Builders Association (ARTBA). ARTBA believes the across-the-board cuts represent the first breach of the Transportation Equity Act of the 21st Century (TEA-21) highway and transit firewalls. A reported $54 million will be cut from the $1.95 billion Airport Improvement Program, $63.5 million will be cut from highway formula funds, $41.7 million will be cut from highway nonformula funds, and $17.6 million will be cut from transit capital gains.

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  • Corporate Authors:

    Scranton Gillette Communications

    380 E Northwest Highway, Suite 200
    Des Planes, IL  United States  60016-2282
  • Authors:
    • Wilson, B
  • Publication Date: 2000-2

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00789069
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 30 2000 12:00AM