Federal Funding

As towns flanking the Mississippi and Missouri Rivers continue to be inundated with historically high water, it’s good to see Congress taking action to provide some relief. Unfortunately, that relief comes on the back of high-speed rail programs.

With the House Transportation and Infrastructure Committee set to introduce its reauthorization bill the first week of July and the Senate EPW Committee already behind on its own timeline to introduce its own, think tanks and policy groups have a limited amount of time left to influence the process. The Bipartisan Policy Center got into the act yesterday with its report, “Performance Driven: Achieving Wiser Investment in Transportation.”

In an op-ed in this morning’s New York Times, Laura D’Andrea Tyson argues for increased investment in infrastructure, pointing out that the nation’s infrastructure will deteriorate quickly if spending is not increased. Tyson chaired the Council of Economic Advisers under President Clinton and currently serves on President Obama’s Council on Jobs and Competitiveness.

Last week, Sen. Barbara Boxer (D-CA) briefed reporters on the points of consensus reached by the four leaders of the Environment and Public Works Committee with regard to the transportation bill. In answer to a question by Streetsblog, she said that guaranteed federal funding for bike and pedestrian programs would be in the bill. She made it clear that bicycling and walking were important modes of transportation that deserve “good attention” in the bill.

Yesterday, the House of Representatives took a “symbolic” vote on raising the debt ceiling without any “strings attached” – i.e., the trillion dollars worth of spending cuts the Republicans are insisting on before they’ll agree to raise the debt ceiling.

Senator Barbara Boxer, chair of the Environment and Public Works Committee, just addressed reporters about the progress of the transportation bill.

In an op-ed in Politico this morning, House Transportation Committee Chair John Mica (R-FL) calls for getting rid of waste and inefficiencies in the transportation system, shifting more power to the states, and “doing more with less.”

Today’s Senate Banking Committee hearing held some good news for transit riders. Unintuitive though it may be, Banking has jurisdiction over public transportation in the Senate. While in the House, the Transportation and Infrastructure Committee handles every aspect of the reauthorization, in the Senate the bill gets carved up. Environment and Public Works is taking the lead, with the specifics on transit left to Banking. Luckily, there are some transit champions on Banking: Jack Reed (D-RI), Chuck Schumer (D-NY), Robert Menendez (D-NJ) and Jeff Merkley (D-OR) to name a few.

As the House and Senate get closer to unveiling their respective transportation proposals, it’s crunch time for figuring out how to pay for infrastructure investment moving forward. Senator Max Baucus (D-MT), who has let slip that he’s in favor of a two-year reauthorization because of current funding constraints, chaired a hearing in the Finance Committee today to examine options for financing. No one panacea emerged, and conservatives on the committee and among the witnesses quickly countered most of the suggestions raised.