WASHINGTON – U.S. Transportation Secretary Anthony Foxx today highlighted $2.5 billion recommended in President Obama’s Fiscal Year 2015 budget to advance the construction or completion of 26 rail, bus rapid transit (BRT), and streetcar projects in 16 states. These projects, competitively funded through the Federal Transit Administration’s (FTA) Capital Investment Grant Program (CIG), will create or sustain thousands of good construction-related jobs and help communities expand transportation choices that offer new ladders of opportunity for hard-working families.
Yesterday, I addressed the members of the National League of Cities, and it was a pleasure to be among leaders who understand the value of investing in America's transportation. Because League members know that, last year, drivers in this country's cities spent an average of 42 hours stuck in traffic. That's more than a week of full-time work.
This isn't to say the United States doesn't have the best transportation system in the world. We do.
Rather, the problems we’re witnessing in our cities are in large part problems of congestion. And those are problems that we know won’t go away on their own; in fact, population pressures will make them worse.
By 2042, America’s population will swell by nearly a third, up almost 90 million –with 19 new metropolitan areas reaching the million-person mark...
American Recovery and Reinvestment Act FTA Capital Investment