“On behalf of the more than 1,500 members of the American Public Transportation Association I commend President Obama for his remarks last night that highlighted creating and supporting jobs through investing in transportation infrastructure.
The $50 billion in direct funding proposed in the American Jobs Act will go a long way to jump start needed transportation investments. Every $1 billion in public transportation investment supports or creates 36,000 jobs. Also, for every $1 invested in public transportation, $4 is generated in economic returns.
The federal surface transportation legislation is overdue by nearly two years and the current extension will expire on September 30 if congressional action is not taken. Passing another extension is not the ultimate solution, though. We need a long-term, well-funded, multimodal surface transportation bill that will address transit and highway needs and put Americans back to work.
We hope that in the weeks to come both Congress and the Administration will work towards creating a robust transportation bill.”
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The American Public Transportation Association (APTA) is a nonprofit international association of 1,500 public and private sector organizations, engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail. This includes: transit systems; planning, design, construction, and finance firms; product and service providers; academic institutions; transit associations and state departments of transportation. APTA is the only association in North America that represents all modes of public transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products More than 90 percent of the people using public transportation in the United States and Canada ride APTA member systems.