Federal Funding

Congressional insiders say that House Majority Leader Eric Cantor is refusing to hold an "all or nothing" vote on President Obama's jobs bill. Cantor says he'll bring "elements" of the bill to the floor but not the whole bill.

President Obama has proposed a plan to pay for the American Jobs Act, the $447 billion bill to create 1.9 million jobs, including $50 billion for infrastructure. His "pay-for" plan includes limitations on itemized deductions for the wealthy and the elimination of some tax loopholes for oil and gas companies.

It's getting to be a little like the Boy Who Cried Wolf over on Capitol Hill. I mean, it's hard to get all revved up about an impending government shutdown when Congress always insists on taking negotiations to the edge and they always figure out something right before the deadline.

New Jersey Sen. Bob Menendez has taken up where former Senator Chris Dodd left off. Last week, Menendez offered a fresh version of Dodd’s Livable Communities Act. The bill would formally authorize the HUD Office of Sustainable Housing and Communities and its Regional Planning and Community Challenge grant programs, restoring funding for those programs to 2010 levels.

According to yet another great report from Jeff Davis at Transportation Weekly, House Republican leadership has given House Transportation Committee Chair John Mica permission to seek additional revenues to fund the transportation reauthorization at levels $15 billion higher than initially proposed.

What's keeping Congress from passing an extension to the federal budget? Democratic protection of automobile subsidies.

President Obama had sought $8 billion for high-speed rail in 2012. The House-passed budget had exactly zero. The Senate bill approved by the Transportation subcommittee Tuesday followed suit. But the full Appropriations Committee yesterday put $100 million back into next year's budget for the president's signature transportation initiative.

Tomorrow, a Senate panel will vote on two budget bills for FY2012, one of which is for transportation and housing programs. The draft of the bill isn't available until after the subcommittee markup tomorrow, but Smart Growth America is calling attention to the fact that it's important to make sure the bill includes funding for the Partnership for Sustainable Communities, the partnership between USDOT, the EPA, and HUD.

In a Rose Garden speech this morning, President Obama soundly rejected Republicans’ push to address the deficit exclusively through spending cuts with no tax increases. He was responding to House Speaker John Boehner, who said last week that tax increases were “off the table.” The outcome of the current deficit-cutting fight could have significant implications for transportation-related proposals like the national infrastructure bank, which Obama included in his recently-unveiled American Jobs Act.