Villaraigosa Offers Bi-Partisan Praise for Federal Transportation Bills, But Favors Boxer’s Over House Mica’s
Los Angeles Mayor Antonio Villaraigosa was in Washington, D.C. today to support the dramatic increase in the TIFIA loan program to $1 billion that is proposed in both the House and Senate draft reauthorization bills and is the center plank of the America Fast Forward plan to accelerate transit construction. By the time he flew out of town, he also through his hat in the ring to be the most popular man about town. This is Villaraigosa’s 7th trip to the Capital to lobby for and promote portions of the America Fast Forward program.
The Transportation Infrastructure Finance and Innovation Act (TIFIA) program provides Federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit to finance surface transportation projects of national and regional significance. Currently, the program stands at $110 million every year. When transportation chairs Rep. John Mica (R-FL) and his Senate counterpart Barbara Boxer (D-CA) held field hearings on transportation, Villaraigosa reccomended tripling the program. Both Mica and Boxer tripled Villaraigosa’s suggestion and are reccomending TIFIA be funded at $1 billion a year.
Researchers estimate that increasing the TIFIA program to $1 billion will create 500,000 jobs over two years and 1.2 million jobs over six years
So, while Democrats piled on Mica, Villaraigosa joined the Congressman on a conference call earlier this month to defend the bill mainly because of the aforementioned increase in the TIFIA program. While Senator Inhofe (R-OK) has been the poster-boy for bad environmental policy in part because of his denial of global warming, but earned praise from the Mayor for his leadership working with Boxer on a bi-partisan Senate Bill. On a conference call with reporters, Villaraigosa congratulated Boxer and Inhofe for working together for “showing leadership to create consensus” around a Senate Bill. Boxer referred to an earlier hearing, at which the Mayor testified in support of her bill, as a “bi-partisan breakthrough.”
But while he offered praise for Mica’s support for TIFIA, the Mayor is backing the proposal from Boxer, precisely because it maintains current funding levels instead of dropping them. He told L.A. Streetsblog earlier this week that “we all would like to see a larger bill,” but faced with a choice between the status quo and a 30% cut, Villaraigosa backs the status quo. He told the Senate Committee on Environment and Public Works earlier this morning:
And on this point we cannot afford to mince words. I support the approach put forward by this Committee because it maintains current funding levels. Any reduction in funding to our nation’s transportation programs will deal a devastating blow to local projects, local jobs and the national recovery.
According to an analysis by the Federal Highway Administration, a 30% cut to transportation funding would result in a half-million Americans losing their jobs in 2012 in the highway program alone. An additional 130,000 would lose their jobs due to cuts in transit programs.
The Mayor’s full testimony to the Environment and Public Works Committee can be found after the jump. We’ll have more coverage of today’s hearing from Capitol Hill Streetsblog later today. Read more…













