2023 DOT budget was presented to congress by the Biden administration. In total, the gross budget includes $142 billion.
The fiscal year 2023 is the second year of implementation of the BIL. And this is a great chance to improve infrastructure in the U.S. It also sets the pace for Americans to compete in this century.
The budget will cover several sections of DOT. The needs differ from one city to another. It will help improve infrastructure in a number of states. They will also set aside some money to improve technology and safety on the roads. The budget breakdown shows how much the nation wants to improve the infrastructure.
The funds will finance seven new rails and bus rapid transit projects. It will also fund another eight projects that are already in progress. All the projects in question competed fairly for the funding. The projects will provide the people access to better means of transport. Public transit is a big source of jobs. It also helps reduce traffic and pollution. Better roads will help improve the lives of Americans.
In California, LA, they will fund a six to seven-mile rail. The rail is to have eleven stations and nine power substations. There will also be more vehicles, maintenance, storage, and a contact system. The initial amount set aside for this project is two hundred and fifty million. Another two hundred million will go to Bay Area Rapid Transit. Another project in New York, New Jersey, will entail working on commuter rails. This will amount to a hundred million. There will also be a Second Avenue Subway Phase 2 rail project. This one will receive four hundred million.
There will be more Bus Rapid Transit projects across the U.S. Some other states are Tennessee, Texas, Minnesota, and Washington. All the projects will provide means of transit, but they will also provide jobs for the people. They will also ensure that the people are safe through reduced pollution levels. The public roads also help reduce the traffic on roads. Therefore, the main goal is to upgrade the roads, bridges, and rails. They also want to modernize ports and airports. This kind of investment will make America realize this dream. At the same time, they will improve road safety and save the climate.