BUSH BUDGET: $284 BILLION TEA-21 REAUTHORIZATION BILL, SMALL INCREASES IN 2006 HIGHWAY & TRANSIT INVESTMENT LEVELS

This article analyzes the details of the $284 billion TEA-21 reauthorization bill, which include small increases in 2006 highway and transit investment levels, up 5.5 percent when adjusted for inflation. The article breaks out individual allotments to modes such as mass transit, the Federal Aviation Administration and Amtrak. The article explains that the Bush Administrations budget is the first step in the funding process. Congress must work with the President on items such as SAFETEA funding recommendations and changes to the corporate taxes regarding gasohol fuel taxes. The article speculates on the actual cost of construction in 2006 given the influence of Chinese demand for steel and concrete, as well as rising oil prices. Lastly, a section details the likelihood of the Houses TEA-LU bill passing this year.

  • Availability:
  • Corporate Authors:

    American Road & Transportation Builders Association

    ARTBA Building, 1219 28th Street, NW
    Washington, DC  United States  20007-3389
  • Authors:
    • Buechner, W
  • Publication Date: 2005-2

Language

  • English

Media Info

  • Features: Figures;
  • Pagination: p. 8-10
  • Serial:
    • Transportation Builder
    • Volume: 17
    • Issue Number: 2
    • Publisher: American Road & Transportation Builders Association
    • ISSN: 1043-4054

Subject/Index Terms

Filing Info

  • Accession Number: 00989403
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: May 3 2005 12:00AM