budget News Updates

GovernmentBusiness

Obama Devotes $73.61 Billion to Surface Transport in Budget

President Obama’s fiscal 2015 budget proposal includes $73.61 billion for surface transportation, a 1.8% increase over this year’s level, as part of an overall $302.3 billion transportation plan in the next four years.

March 10, 2014
GovernmentBusiness

Obama Unveils Transport Plan

WASHINGTON — President Obama said he will send a $302 billion, four-year transportation spending plan to Congress as part of his fiscal 2015 budget, telling a Minnesota audience that infrastructure work will provide jobs now and enable economic growth later.

March 3, 2014
GovernmentBusiness

House, Senate Agree on Budget Maintaining Current Highway Spending Levels

House and Senate budget negotiators have agreed on a budget deal that maintains current highway spending levels through Fiscal Year 2014.

December 11, 2013
GovernmentBusiness

Budget Would Cut Funding for Emissions Reductions

President Obama has proposed dramatic cuts in the federal funding that helps truckers buy equipment to reduce diesel emissions, but called for significant increases for research into new vehicle technologies.

April 22, 2013