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News March 16, 2001
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An American Road & Transportation Builders Association (ARTBA) analysis says the Bush Administration's fiscal year 2002 budget



An American Road & Transportation Builders Association (ARTBA) analysis says the Bush Administration's fiscal year 2002 budget blueprint should help ensure transportation construction market growth.


The president's plan, "A Blueprint for New Beginnings: A Responsible Budget for America's Priorities," provides outlines of the Administration's budget priorities, with more details to be released in early April.


The proposed budget would fully fund the $27.2 billion guaranteed for highway programs under the Transportation Equity Act for the 21st Century. It also calls for investing $4.5 billion in revenue aligned budget authority resulting from the higher than anticipated federal motor fuel tax revenues. With $739 million of additional Minimum Guarantee and Emergency Relief Funds, the core highway program would be funded at approximately $32.5 billion in 2002--a $2 billion increase.


ARTBA Vice President of Economics & Research Dr. Bill Buechner says the proposed budget also recommends funding the transit program at the TEA-21 guaranteed level of $6.7 billion--$486 million more than this year. It recommends $521 million for Amtrak.


The plan would provide the $3.3 billion for airport construction guaranteed by the 2000 Aviation Investment & Reform Act for the 21st Century. This would represent a $107 million, or 3.3%, increase.


Under the Bush proposal, California would see the largest increase in highway funding next year at $175 million. Other states with big boosts would include: Texas ($142 million), Florida ($90 million), New York ($97 million), Pennsylvania ($96 million), Georgia ($66 million) and Illinois ($64 million).


In total, federal transportation programs would be funded at $61.2 billion during fiscal year 2002 under the Bush plan.


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