Transportation financing : challenges in meeting long-term funding needs for FAA, Amtrak, and the Nation's highways

738015640478923PDFPolicy StatementGAO/T-RCED-97-151Government fundingBudgetingAppropriationsTestimonyUnited States. General Accounting OfficeAnderson, John H.United States. Government Accountability OfficeNTL-ECONOMICS AND FINANCE-FundingNTL-LAWS AND REGULATIONS-LAWS AND REGULATIONSNTL-LAWS AND REGULATIONS-Federal Standards and RulesUS Transportation CollectionThis document contains the testimony of John H. Anderson, Jr., Director of Transportation Issues, Resources, Community, and Economic Development Division, General Accounting Office (GAO), before the Subcommittee on Transportation, Committee on Appropriations, U.S. Senate, on three critical transportation financing issues facing the Congress and the administration: meeting the long-term funding needs of the Federal Aviation Administration (FAA), Amtrak, and the nation's highways. Each area presents formidable challenges that will stretch our limited resources; at the same time, pressures remain to reduce the federal budget. Overall, the $38 billion proposed in the Department of Transportation's fiscal year 1998 budget to fund the Department represents about a 1% reduction from this year's enacted appropriation