Recent Streetsblog USA posts about Federal Funding

House Transportation Committee Rejects Obama’s 2012 Budget Request

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The House Transportation and Infrastructure Committee is having its say about the president’s ambitious – and unpaid-for – budget request for transportation. “The [president’s] proposal assumes a ‘placeholder revenue increase’ of $435 billion over a 10-year period but does not identify how to pay for the revenue increase,” says the committee’s “Views and Estimates” document, […]

House Passes Three-Week Budget Extension

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The House just voted 271-158 to extend the FY2010 for three more weeks while the two houses of Congress try to reconcile their respective ideas about spending cuts. It wasn’t a party-line vote: 54 Republicans voted against the resolution and 85 Democrats voted for it. The bill cuts $6 billion over its three-week life. If […]