WASHINGTON, D.C. (March 28, 2022) – Today, President Biden released his fiscal year (FY) 2023 Budget request, outlining his Administration’s priorities for the next fiscal year. The President requests $13.6 billion for public transportation, a $607 million increase from the FY 2022 enacted level, and $4.7 billion for passenger and freight rail programs, a $1.3 billion increase from the FY 2022 enacted level. When combined with the advance appropriations included in the Infrastructure Investment and Jobs Act (IIJA), the President requests $21.1 billion for public transit and $17.9 billion for passenger and freight rail in FY 2023.
“Providing the necessary investment to modernize our public transit and passenger rail systems will allow systems across the country to meet growing community demands for increased mobility choices that will reap economic and environmental benefits nationwide,” said APTA President and CEO Paul P. Skoutelas. “Combined with the advance appropriations in the Infrastructure Investment and Jobs Act (IIJA), the President’s FY 2023 budget request will provide historic and generational investments in public transportation that will enable our communities to provide access to opportunities and create family-wage jobs, advance equity, and tackle climate change.”
The Budget request includes $2.85 billion for the Capital Investment Grants (CIG) program. When combined with IIJA funding, the Budget provides $4.5 billion for CIG projects in FY 2023.
The Budget request includes $3.0 billion for Amtrak, a $669 million increase from the FY 2022 enacted level. When combined with the IIJA’s advance appropriations, the President requests $7.4 billion for Amtrak, including $5.0 billion for National Network grants and $2.4 billion for Northeast Corridor grants.
The American Public Transportation Association (APTA) is a nonprofit international association of 1,500 public- and private-sector organizations which represent a $80 billion industry that directly employs 448,000 people and supports millions of private sector jobs. APTA members are 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.