http://la.streetsblog.org/2009/04/24/is-the-obama-administration-poised-to-push-transit/ Covering Los Angeles's livable streets movement Tue, 07 Feb 2012 14:06:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://la.streetsblog.org/2009/04/24/is-the-obama-administration-poised-to-push-transit/comment-page-1/#comment-5469 James McMurray Fri, 24 Apr 2009 17:58:00 +0000 http://la.streetsblog.org/?p=2056#comment-5469 At face value, $8 billion out of $800 does seem to be miniscule proportionally. However, my understanding is if you consider the $8 billion as a percentage of what was allocated towards transportation projects as a whole, it was somewhere in the 40-60% range. Viewed in this light, $8 billion could be viewed as MAJOR progress, when the historic rates of transit investment haven't cracked 20% of this country's surface transportation spending. I believe this also serves as an indicator of where the current administration is heading, but only time will tell. At face value, $8 billion out of $800 does seem to be miniscule proportionally. However, my understanding is if you consider the $8 billion as a percentage of what was allocated towards transportation projects as a whole, it was somewhere in the 40-60% range. Viewed in this light, $8 billion could be viewed as MAJOR progress, when the historic rates of transit investment haven’t cracked 20% of this country’s surface transportation spending. I believe this also serves as an indicator of where the current administration is heading, but only time will tell.

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