Report: Proposed Obama budget freeze could hit transportation
Despite the proposed three-year moratorium on increases in spending across 17% of the federal budget, the Department of Transportation could face near-term increases in infrastructure spending if a $154bn ‘jobs bill’ passes Congress. Longer-term decreases, though, might force a re-think of a major transportation spending bill before Congress and favour greater use of PPPs, transportation experts say.
16 January 2013•2 mins read
PEI INFRASTRUCTURE INVESTOR
Register to unlock this content
Daily global infrastructure news and market intelligence- Expertly curated insights that keep you ahead of the market
- Faster, data-driven decision making powered by our AI interface, 'Ask PEI'
- Access to proprietary research and reports
- Selected investor strategy and competitor performance data