budget News Updates

Government, Business

Obama Seeks $94.7 Billion for DOT, Proposes Safety Oversight Office

Safety and technology underpin the six-year surface transportation plan in President Obama’s $4 trillion fiscal 2016 budget.

February 9, 2015
Government, Business

Obama Budget Proposes 6-year, $18 Billion Freight Plan, Truck Safety Improvements

The Obama administration’s fiscal 2016 budget unveiled Feb. 2 includes $18 billion for a six-year freight program designed to reduce roadway congestion, which the trucking industry says would improve efficiency.

February 2, 2015
Government, Business

Obama’s Budget Request Includes Freight Grant Program, Foxx Says

WASHINGTON — President Obama's upcoming budget request for the Department of Transportation will include parts of the four-year, $302 billion transportation plan the administration unveiled last year, Transportation Secretary Anthony Foxx told lawmakers.

January 30, 2015
Government, Business

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
Government, Business

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
Government, Business

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
Government, Business

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