AGC Provides Detailed Analysis of Construction Funding Requests
On March 18, the White House Office of Management and Budget released a full rundown of President Trump’s fiscal year (FY) 2020 budget request. Overall, the request proposed funding cuts for most federal agencies. While total funding for the Department of Transportation is reduced by 22 percent, there is a large increase in funding for discretionary transportation grant programs including INFRA and BUILD. In addition, the budget and supporting documents state the administration’s intent to work with Congress on long-term solvency of the Highway Trust Fund and reserves $200 billion for “additional infrastructure investments.” However, the request provides little budgetary specifics for addressing those initiatives. For a full analysis of federal construction accounts in the president’s budget, click here. This sheet does not reflect reserved funding for the administration’s proposed $200 billion infrastructure initiative.
For more information, contact Sean O’Neill at [email protected] or Cory Gattie at [email protected].
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