Senate Panel Approves $51.6 Billion Over 6 Years for Mass Transit Projects

Sanchez, Humberto
March 2005
Bond Buyer;3/18/2005, Vol. 351 Issue 32093, p4
Trade Publication
This article reports that legislation that would provide $51.6 billion to fund mass transit projects over six years, including funds spent in fiscal 2004, was unanimously approved by a Senate panel after members voiced concerns that the measure's overall funding level is too low to adequately address the nation's transportation needs. The transit funding is part of broader legislation that would provide a total of $283.9 billion in guaranteed funding for road and transit construction and related safety programs over six years, including dollars spent in fiscal 2004, which ended September 30.


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