![]() Points that the mayors were prepared to highlight include the fact that investing in and modernizing America's infrastructure is essential to our economy, and that the country's outdated roads, bridges and transit remain a drag on our recovery. ![]() There are nearly 1,400 such cities in the country. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. The plight of Staten Island, with roads and bridges jammed by cars and express buses, is a significant piece of the financial puzzle in the biggest city in the nation. de Blasio knows as well as or better than most the urgent need for transportation upgrades. ![]() Conference of Mayors' Cities of Opportunity Task Force, Mr. De Blasio in vanguard As chairman of the U.S. Let's hope lawmakers on Capitol Hill pay attention. To call on Congress to do just that, Mayor Bill de Blasio was due today to lead more than two dozen of his big-city counterparts during a gathering in Washington over infrastructure funding. A sound way must be found to pay for long-term renewal of U.S transportation support and to increase funding for our aging network of roads, bridges and mass transportation. It has faced a long series of revenue shortfalls, mostly because those tax rates have not changed since 1993. But the trust fund, which is paid for primarily by federal taxes on gasoline (18.3 cents a gallon) and diesel fuel (24.3 cents a gallon), is almost out of money. The coming deadline puts into jeopardy a program with highway allocations nationwide totaling $44 billion during fiscal 2015, and transit spending of another $8 billion. funding is vital to the future of New Yorkers. ![]() By the end of May, the Highway Trust Fund, which disburses federal money to build and maintain roads and transit projects, needs to be reauthorized and funded by Congress. Like the rest of the city, Staten Island has a huge stake in the outcome. In addition to that increase in funding designated specifically for public transportation, the IIJA also provided about $13 billion in total funding during the 2022–2026 period for new surface transportation programs, potentially including mass transit.This is crunch time for deciding on the fate of federal spending to support our highways and mass transit. The law provided about $18 billion annually for public transportation programs from 2022 to 2026, 42 percent more than the amount provided from 2016 to 2021. About one-third of that amount had been spent as of the end of 2021.įollowing the provision of the onetime funding, lawmakers enacted the Infrastructure Investment and Jobs Act (IIJA, Public Law 117-58), which increased the federal government's annual support for public transit through 2026. In addition to the government's regular annual financial assistance to transit agencies, lawmakers allocated nearly $70 billion in onetime supplemental funding during 20. During the coronavirus pandemic, the federal government played an even greater role in transit funding. Federal spending accounted for about one-sixth of the $79 billion in public spending on transit in 2019. The federal government has long provided significant financial support for public transportation.
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