Impact Of The Proposed 1995 Federal Transit Administrations Budget

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ISBN 13 : 9781332265145
Total Pages : 72 pages
Book Rating : 4.2/5 (651 download)

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Download or read book Impact of the Proposed 1995 Federal Transit Administration's Budget written by and published by . This book was released on 2015-08-05 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Impact of the Proposed 1995 Federal Transit Administration's Budget: Hearing Before the Subcommittee on Housing and Urban Affairs of the Committee on Banking, Housing, and Urban Affairs, United States Senate; One Hundred Third Congress, Second Session; On the Issues Raised by the President's 1995 Budget for Transit; The To The Subcommittee met in room 538, of the Dirksen Senate Office Building at 10:15 a.m., Senator Paul S. Sarbanes, presiding. Opening Statement Of Senator Paul S. Sarbanes Senator Sarbanes. The Subcommittee will come to order. Welcome, everyone, to this hearing on the proposed 1995 Federal Transit Administration's Budget and the impact it will have on transit authorities and communities across the country. This hearing, in a sense, follows up on the one we held last Spring which focused on transit needs and benefits. At that time we heard testimony on the implementation of the Intermodal Surface Transportation Act, ISTEA, 1 year after its enactment and we explored transits contribution to the environment, the economy, the liveability of our communities, and defense conversion and technology advancement programs. Today, we want to focus on the issues raised by the Presidents budget submitted to the Congress. The budget is 4 percent larger than the 1994 FTA appropriation. However, it encompasses significant reductions in operating assistance in section 3 New Start Programs while increasing resources with respect to capital budgets. We obviously like to see an increase in funding for transit. I think it is an undernourished activity, very frankly, but until the programs authorized by ISTEA reach full funding levels, we have to be very concerned about a balanced apportionment of resources between capital and operating programs. There was a rumor, actually, toward the end of last year that operating assistance would be totally eliminated. Confronted with such a drastic rumor - I was going to say proposal but I am not quite sure what status it reached - I wrote to the President in December and followed that up with a personal conversation with him about the importance of mass transit. In the end, of course, operating assistance was not eliminated, but there is a 25 percent cut in the budget submitted by the Administration. We are trying to address that in the Congress here and in the Budget Committee, from which we have just reported out our Budget Resolution and hopefully through the appropriations process. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.