WASHINGTON-The Department of Transportation has made a $39.5-billion budget request for fiscal year 1995, a 2 percent increase over the previous year. ``This budget acknowledges the importance of transportation in our economy,'' said DOT Secretary Federico Pe¤a at a Feb. 7 news briefing. The ``unprecedented'' infrastructure investment will comprise 71 percent of the budget in fiscal year 1995, or about $28.2 billion, he said.
The provisions of the Intermodal Surface Transportation Efficiency Act (ISTEA) will be 94 percent funded in fiscal year '95, compared with 81 percent in 1994. To keep federal highway funds, Sect. 1038 of ISTEA requires states to use an ever increasing percentage of asphalt rubber in federally funded highway projects.
Funds for the National Highway Traffic Safety Administration will total $277.2 million for the fiscal year, a 7 percent decrease from 1994. The reduction occurs in grant programs whose authorizations are ending, the report said.