Federal Funding

USDOT has made public the breakdown of President Obama’s $50 billion plan to create jobs through transportation infrastructure investment. The administration says: “It will put people to work upgrading 150,000 miles of road, laying/maintaining 4,000 miles of train tracks, restoring 150 miles of runways, and putting in place a next-generation air-traffic control system that will reduce travel time and delays.”

All eyes are on Texas Gov. Rick Perry these days, the faraway frontrunner in the Republican race. But as the primary goes on (and on and on) more Republicans might take note of the fact that in a matchup with President Obama, only one candidate stands a chance of winning: former Massachusetts Gov. Mitt Romney.

According to yet another great report from Jeff Davis at Transportation Weekly, House Republican leadership has given House Transportation Committee Chair John Mica permission to seek additional revenues to fund the transportation reauthorization at levels $15 billion higher than initially proposed.

President Obama had sought $8 billion for high-speed rail in 2012. The House-passed budget had exactly zero. The Senate bill approved by the Transportation subcommittee Tuesday followed suit. But the full Appropriations Committee yesterday put $100 million back into next year’s budget for the president’s signature transportation initiative.

In a Rose Garden speech this morning, President Obama soundly rejected Republicans’ push to address the deficit exclusively through spending cuts with no tax increases. He was responding to House Speaker John Boehner, who said last week that tax increases were “off the table.” The outcome of the current deficit-cutting fight could have significant implications for transportation-related proposals like the national infrastructure bank, which Obama included in his recently-unveiled American Jobs Act.

Sen. Tom Coburn (R-OK) has relented on his push to strip Transportation Enhancement funding from the six-month surface transportation extension, clearing the way for Senate passage last night and a White House signature today.

Sen. Tom Coburn (R-OK) has placed a "hold" on the transportation extension, along with a bill to continue sanctions against Burma and to provide disaster relief to areas affected by Hurricane Irene and other storms.

In a couple of hours, the House will vote on the transportation extension bill – under unanimous consent rules. That means a single vote in opposition could delay passage.

The Environment and Public Works Committee unanimously agreed this morning to send a four-month extension of the transportation bill to the full Senate. Chair Barbara Boxer (D-CA) emphasized that it wasn’t easy to get consensus on the extension, especially with many members wanting to move forward with the full two-year bill.