The White House has released a fact sheet on the transportation provisions in the President's budget [PDF].
Here are the highlights, straight from the document:
Provides $13.4 billion in discretionary resources in 2012, a $1.3 billion decrease from 2010 levels. (This figure excludes $109 billion in obligation limitations for the surface transportation plan. Including surface transportation obligation limitations, Department of Transportation’s total budgetary resources increase by $53 billion over 2010.)
Includes a six-year, $556 billion surface reauthorization plan to modernize the country’s surface transportation infrastructure, create jobs, and pave the way for long-term economic growth. The President will work with the Congress to ensure that the plan will not increase the deficit.
Jump-starts productive investment and stimulates job growth with a first-year funding boost of $50 billion in 2012.
Provides $8 billion in 2012 and $53 billion over six years to reach the President’s goal of providing 80 percent of Americans with convenient access to a passenger rail system, featuring high-speed service, within 25 years.
Includes $30 billion over six years for a pioneering National Infrastructure Bank to invest in projects of regional or national significance to the economy.
Continues to invest in the Next Generation Air Transportation System—a revolutionary modernization of our aviation system.
Initiates Transportation Leadership Awards to create incentives for State and local partners to pursue critical transportation policy reforms.
Reduces funding for Airport Grants, focusing Federal support on smaller airports, while giving larger airports additional flexibility to raise their own resources.
The budget includes a new FHWA livability grant program totaling $4.1 billion next year and $28 billion over six years. It specifically targets multi-modal transportation hubs and bike/ped/transit access, and formally embraces a "fix-it-first" approach for highways and transit.
The budget also includes $32 billion in competitive grants to encourage states to adopt safety and livability reforms, as well as $119 billion for transit over the next six years -- about double the amount set aside for transit each year under the previous transportation bill.
Tanya became Streetsblog's Capitol Hill editor in September 2010 after covering Congress for Pacifica Radios Washington bureau and for public radio stations around the country. She lives car-free in a transit-oriented and bike-friendly neighborhood of Washington, DC.
Cities and municipalities with larger budgets and staff are more likely to win competitive federal infrastructure grants, the Urban Institute has found.