House panel allows cuts to TIGER grant funding in markup of transportation, housing bill
The House Appropriations Committee on Wednesday approved major cuts to 2014 TIGER (Transportation Investment Generating Economic Recovery) grants in a markup of the panel’s Transportation, and Housing and Urban Development (THUD) bill, Salon reports.
The bill reduces the TIGER program from $500 million to $100 million.
A report from The Hill notes that the bill also lacks increases in rail safety and Amtrak grants.
Transportation and housing subcommittee Chairman Tom Latham said a decrease in Federal Housing Finance Agency (FHFA) revenue forced cuts to the bill. The bill authorizes a total of $1.8 billion less than this fiscal year, The Hill reports.
To see documents from the hearing or to watch a video of the markup, click here.
From our partners
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- A set of dinosaur footprints were found in a German quarry602 Views
- A Game of Stones: Quarry set location of 'The Wall' in HBO show could become a permanent attraction483 Views
- The nation’s top 25 crushed stone producers420 Views
- Summit Materials acquires Utah construction materials company384 Views
- The U.S. saw an increase in construction aggregates in the second quarter303 Views