What to Look For in President Obama’s Budget Request on Monday
On Valentine’s Day, President Obama’s heart-shaped box of chocolates to Congress will come in the form of his budget request for 2012. It will include the president’s proposal for a six-year transportation reauthorization.
The FY2012 budget request comes as Congress is still wrangling over the budget for the rest of FY2011 (which, by the way, started October 1, 2010).
After conversations with experts about what we can expect from the president’s transportation vision, this is what we’ve come up with:
1. We don’t really know.
The administration has been especially tight-lipped about this one. Advocates (and yours truly) have begged DOT officials for the slightest shred of information, and they’re doing an admirable job defending the secrecy of the document until showtime.
2. They’re going to make the case for a big bill and funding reforms
If the $53 billion high-speed rail announcement was any indication – and it was probably intended to be one – the administration is still thinking big on infrastructure, and they’re willing to stomach the big price tag. Obama’s economic team has been pushing for it for months.
The Council of Economic Advisers came out with a report in the fall, analyzing the economic impact of infrastructure investment – and specifically calling for a range of transportation options, a fix-it-first approach, walkability, and performance metrics.
In his State of the Union speech last month, the president said he wanted to pick transportation projects based on what was good for the economy, not politicians. And just this week, Treasury Secretary Tim Geithner seconded the president’s call for infrastructure spending by pointing out the economic benefit to communities when good transportation options are present.
Put all that together with the announcement of $53 billion for high-speed rail and you know he’s talking big bucks (and a new way of spending them).
3. It will cost more than Congress wants to fund, but Obama might be able to convince them.
House Republicans have made it extremely clear that they’re not willing to tolerate big spending. So if Obama swings for the fences, it’ll be up to advocates to fight hard to defend big investments.











