Senate Budget Resolution Stiffs Transport Infrastructure

From the Architects, Engineers & Constructors Network, a Linkedin Group:

Congressional Budget Committees have finally filled in the numbers in the 2010 budget resolutions, and sent the bills to the floors of the respective houses for debate. Although budget resolutions lack the detailed breakdown of spending that appears in appropriation bills with their attached earmarks, we can see in the differences between the House and Senate budget resolution proposals a dangerous trend for heavy civil construction over the next five years.

Both committee resolution proposals have essentially the same numbers for 2009 spending authority and actual outlays, since they include the appropriations already made in the stimulus legislation. However, the Senate version lags way behind the House version in every year 2010 through 2014 with respect to the spending Senators expect to authorize for road, bridge, railway, transit and waterway construction projects. The Senate version of the resolution cuts down the spending authority provided in the House bill by $12.9 billion for 2010, by $13.7 billion for 2011, by $14.1 billion for 2012, by $15.1 billion for 2013 and by $16.1 billion for 2014. These cuts represent a total slashing of over $72.1 billion from surface transport construction over the next five years.

Of course, as the legislative process works its way forward, the final result will likely fall somewhere between the present House and Senate versions, but it is frightening that more than $72 billion in construction appropriations is now at risk in the legislative arena.

For more details follow James G. McConnell's blog at: http://chicagoconstructionlaw.blogspot.com/