Transit

When the House Ways and Means Committee voted to divert all gas tax revenue away from transit projects, severing transit's only dedicated source of federal funds, they were essentially throwing transit riders under the bus.

The last piece of the Senate's two-year transportation reauthorization proposal will be marked up by the Finance Committee tomorrow at 3:00 p.m. The committee was tasked with finding approximately $12 billion to bridge the projected shortfall of the Highway Trust Fund over the life of the bill. So far, according to a summary released by Chairman Max Baucus (D-MT), they have found a little over $10.4 billion:

Today at Grand Central Terminal in Manhattan, four members of New York's congressional delegation joined the head of the Metropolitan Transportation Authority in decrying House GOP efforts to drastically alter how the federal government supports transit in cities.

The House Ways and Means committee has just passed a bill that would kick transit out of the highway trust fund, casting aside a 30-year history of providing a dedicated funding source for federal transit programs. Transit instead would be funded by a transfer from the general fund, which would have to be offset by cuts elsewhere to avoid raising the deficit. As US PIRG's Dan Smith said yesterday, this is like saying that transit funding will come from the Tooth Fairy.

While their colleagues in the House were debating more than 80 amendments to a transportation bill, members of the Senate Banking Committee were quietly passing their two-year transit bill with -- get this -- unanimous bipartisan support. The bill includes some reforms -- such as allowing federal funds to be spent on transit operations -- that transit advocates have been pushing for.

In a move that should dispel any remaining thoughts that the House transportation bill [PDF] will ever be signed into law, the Ways and Means Committee announced today that they will try to forbid gas tax revenue from funding transit.

All eyes are on the House side of Capitol Hill today in anticipation of the Republicans' grand unveiling of their American Energy & Infrastructure Jobs Act at 3:00 p.m. But last night, some enduring questions about the Senate's transportation bill finally got some answers. Senators Tim Johnson and Richard Shelby, respectively the chairman and ranking member of the Senate Banking Committee, released a summary of the Federal Public Transportation Act of 2012, providing a preliminary guide to how the Senate will treat transit [PDF].

As Congress prepares to reconvene and take up the payroll tax cut extension yet again, a movement is forming to restore the transit commuter tax benefit to 2011 levels.