U.S. Transportation Secretary Ray LaHood today announced that the overwhelming demand for TIFIA (Transportation Infrastructure Finance and Innovation Act) program loans has greatly exceeded the dollars available, underscoring President Obama’s call for greater transportation investment. The Department of Transportation received 26 TIFIA letters of interest exceeding $13 billion.
U.S. Transportation Secretary Ray LaHood today recommended $2.2 billion in funding to begin or advance construction of 29 significant rail and bus rapid transit projects in 15 states.
U.S. Transportation Secretary Ray LaHood today toured Denver’s West Rail Line project, which will improve access to major employers and area universities while reducing traffic in a highly congested corridor, all part of President Obama’s vision of an “America Built to Last.”
Today, President Obama will deliver remarks in front of Washington, D.C.’s Key Bridge and urge Congress to pass the transportation piece of the American Jobs Act, which will make an immediate investment of $50 billion in our nation’s transportation infrastructure and a $10 billion investment to create a bipartisan National Infrastructure Bank. Together, these initiatives will put hundreds of thousands of construction workers back on the job rebuilding our roads, rails, and runways.
The U.S. Department of Transportation announced today that in the last two years, the Obama Administration has issued as many imminent hazard orders placing unsafe bus and truck companies out of service as in the previous 10 years combined. As part of the administration’s effort to step up motorcoach safety, the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has cracked down on unsafe carriers through surprise inspections, full compliance reviews, and enforcement actions.
Today, the Obama Administration launched Strong Cities, Strong Communities (SC2), a new and customized pilot initiative to strengthen local capacity and spark economic growth in local communities, while ensuring taxpayer dollars are used wisely and efficiently. To accomplish this, federal agencies will provide experienced staff to work directly with six cities: Chester, PA; Cleveland, OH; Detroit, MI; Fresno, CA; Memphis, TN; and New Orleans, LA. These teams will work with local governments, the private sector, and other institutions to leverage federal dollars and support the work being done at the local level to encourage economic growth community development.
U.S. Transportation Secretary Ray LaHood Statement on President Obama’s State of the Union Address
The U.S. Department of Transportation (DOT), the U.S. Environmental Protection Agency (EPA) and the state of California today announced a single timeframe for proposing fuel economy and greenhouse gas standards for model year 2017-2025 cars and light-duty trucks.