President Donald Trump has proposed rescinding $279 million of prior-year surface transportation funding, including $100 million of public transit and intercity passenger-rail grants, the American Public Transportation Association (APTA) announced yesterday.
In a "legislative alert," APTA said that the president's administration has proposed rescinding:
• $47 million in Federal Transit Administration (FTA) formula grants that had been provided in federal fiscal-year 2005 and prior years; and
• $53 million in the Federal Railroad Administration-issued capital assistance for high-speed rail corridors and intercity passenger-rail service, including $47 million for the Chicago-to-Iowa City intercity passenger-rail project.
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