The White House unveiled its budget proposal outline for fiscal 2019 which stayed close to the leaked proposals that have made the media in the last few weeks.
Of interest to the construction industry are these highlights:
- The Department of Transportation will lose 19 percent of its discretionary budget, down $3.7 billion from the 2017 enacted bases level of $19.3 billion.
- $57.4 billion in mandatory funds to improve highways, bridges, and transit systems.
- $46 billion of highway infrastructure and safety programs.
- $9.9 billion for transit infrastructure.
- $1.4 billion for NHTSA and FMSCA safety programs.
- Eliminate discretionary grant programs including the Transportation Investment Generating Economic Recovery (TIGER) program, and the Infrastructure for Rebuilding America program.
- The Department of Labor's budget will drop 21 percent to $9.4 billion. The budget also seeks to restore the Office of Labor-Management Standards and allow $200 million to invest in apprenticeship programs for in-demand occupations.
- Disaster relief: $6.9 billion for FEMA Disaster Relief Fund; a rate increase for Nation Flood Insurance Program policy holders; $6.7 billion to help communities overwhelmed by major disasters.
To order a copy of the Budget of the United States Government Fiscal Year 2019 ($30) or supporting documents, click here for the Government Publishing Office.