The Budget makes critical investments while adhering to the bipartisan budget agreement signed into law last fall. The Budget shows that the President and the Administration remain focused on meeting our greatest challenges – including accelerating the pace of innovation to tackle climate change and find new treatments for devastating diseases giving everyone a fair shot at opportunity and economic security and advancing our national security and global leadership – not only for the year ahead, but for decades to come.īUILDING ON OUR ECONOMIC AND FISCAL PROGRESS It also drives down deficits and maintains our fiscal progress through smart savings from health care, immigration, and tax reforms. The Budget makes critical investments in our domestic and national security priorities while adhering to the bipartisan budget agreement signed into law last fall, and it lifts sequestration in future years so that we continue to invest in our economic future and our national security. It is about choosing investments that not only make us stronger today, but also reflect the kind of country we aspire to be – the kind of country we want to pass on to our children and grandchildren. It is about looking forward and making sure our economy works for everybody, not just those at the top. Yet while it is important to take stock of our progress, this Budget is not about looking back at the road we have traveled. And we have dramatically cut our deficits by almost three-quarters and set our Nation on a more sustainable fiscal path. Nearly 18 million people have gained health coverage as the Affordable Care Act has taken effect. Our unemployment rate is below five percent for the first time in almost eight years. Under the President’s leadership, we have turned our economy around and created 14 million jobs. Focuses airport grants to support smaller airports, while giving larger commercial service airports additional flexibility to raise their own resources.The President's Budget for Fiscal Year 2017.Dedicates approximately $6 billion over six years for a competitive grant program designed to create incentives for State and local partners to adopt critical reforms in a variety of areas, including safety and peak traffic demand management.Modernizes the infrastructure permitting process by cutting through red tape and getting more timely decisions on Federal permits and reviews.Provides $14.3 billion in discretionary resources to fund air, maritime, rail safety, and pipeline and hazardous material transportation activities.Reinforces the Department’s commitment to safety by making targeted investments that will strengthen the safety of our transportation system.Includes $478 billion for a six-year surface transportation reauthorization proposal to improve safety, support critical infrastructure projects and create jobs while improving America’s roads, bridges, transit systems, and railways.The President’s Budget provides a total of $94.7 billion in discretionary and mandatory funding in 2016 for the Department of Transportation to support infrastructure projects critical for long-term growth improve America's roads, bridges, transit systems, railways, and aviation systems enhance safety spur job creation and improve the way federal dollars are spent. And it makes the critical investments needed to accelerate and sustain economic growth in the long run, including in research, education, training, and infrastructure. It lays out a strategy to strengthen our middle class and help America's hard-working families get ahead in a time of relentless economic and technological change. The President's Fiscal year 2016 Budget shows what we can do if we invest in America's future and commit to an economy that rewards hard work, generates rising incomes, and allows everyone to share in the prosperity of a growing America.

Fy 2016 budget workbook