USDOT Obtains 2002 Budget
The U.S. Department of Transportation (DOT) was given a $59.5 billion budget for 2002 by the Bush administration. It is an increase of 6 percent over the 2001 budget.
The budget consists of funding for highway and transit guarantees under the Transportation Equity Act for the 21st Century (TEA-21), programs under the Wendell H. Ford Aviation Investment and Reform Act for the 21st century, Amtrak capital programs, and the President’s New Freedom Initiative, which is a program to ensure transportation alternatives for disabled people.
Over $7 billion was allotted for safety programs for 2002. The $7 billion will be focused on reducing motor carrier fatalities, updating tire safety standards, increasing crash data collection, and improving child safety restraints. The aviation safety funding will increase 4 percent to over $4 billion. Funding for rail safety programs will increase 9 percent to $154 million.
For a more detailed breakdown of funding allotment visit http://ostpxweb.dot.gov/budget/FY02BiB1.pdf.