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President Trump “We do not need new laws”

President Trump said  “We do not need new laws” Saying he would “work within the existing system and framework.”

HR 22 “THE FAST ACT” IS AN EXISTING LAW

AND PROVIDES FUNDING THROUGH 2020, MONEY THAT THE TRUMP ADMINISTRATION CAN WORK WITHIN (A 490 PAGE DOCUMENT)

THE LAW AND THE AUTHORIZATION AND THE APPROPRIATIONS OF FUNDS, OUT OF THE HIGHWAY TRUST FUND WAS APPROVED BY CONGRESS.  HR 22, THE FAST ACT WAS SIGNED INTO LAW BY PRESIDENT OBAMA DEC 4, 2015.

FAST Act – Congress.gov

https://www.congress.gov/114/bills/hr22/BILLS-114hr22enr.pdf

THIS ACT MAY BE CITED AS THE ”FIXING AMERICA’S SURFACE TRANSPORTATION ACT” OR THE ”FAST ACT”. (b) TABLE OF CONTENTS.—for The table of contents for this Act. click on the link above

PRESIDENT TRUMP’S PICK, ELAINE CHAO IS  THE HEAD OF THE DEPARTMENT OF TRANSPORTATION, JAN 30 2017, REPLACING THE OUTGOING SECRETARY ANTHONY FOXX.

IN 2015 OUTGOING SECRETARY FOXX SAID THIS ABOUT THE “FAST ACT”; IT’S NOT PERFECT, AND THERE IS STILL MORE LEFT TO DO, BUT IT REFLECTS A BIPARTISAN COMPROMISE I ALWAYS KNEW WAS POSSIBLE.”

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INDEED, IT’S THE LAW AND IT’S THE TAXPAYERS MONEY APPROVED BY CONGRESS THROUGH 2020.

CITED AS THE ”FIXING AMERICA’S SURFACE TRANSPORTATION ACT” OR THE ”FAST ACT”

PAGES 11 AND 12 OF H. R. 22—”THE FAST ACT”

FOLLOW THE MONEY AND NOTE THE BIPARTISAN COMPROMISE’S

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TITLE I—FEDERAL-AID HIGHWAYS

Subtitle A—Authorizations and Programs

SEC. 1101. AUTHORIZATION OF APPROPRIATIONS.

(a) IN GENERAL

The following sums are authorized to be

appropriated out of the Highway Trust Fund

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OTHER THAN THE MASS TRANSIT ACCOUNT

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Jan 30, 2017 added for clarity

In 2014, governments at various levels spent $165 billion

to build, operate, and maintain highways, and they spent

$65 billion on mass transit systems. (continued at the bottom)

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(1) FEDERAL AID HIGHWAY PROGRAM

For the national highway performance program under

section 119 of title 23, United States Code, the surface transportation

block grant program under section 133 of that title, the highway

safety improvement program under section 148 of that title, the

congestion mitigation and air quality improvement program

under section 149 of that title, the national highway freight

program under section 167 of that title, and to carry out section

134 of that title—

(A) $39,727,500,000 FOR FISCAL YEAR 2016;

(B) $40,547,805,000 FOR FISCAL YEAR 2017;

(C) $41,424,020,075 FOR FISCAL YEAR 2018;

(D) $42,358,903,696 FOR FISCAL YEAR 2019; AND

(E) $43,373,294,311 FOR FISCAL YEAR 2020.

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(2) TRANSPORTATION INFRASTRUCTURE FINANCE

AND INNOVATION PROGRAM

For credit assistance under the

transportation infrastructure finance and innovation program

under chapter 6 of title 23, United States Code—

(A) $275,000,000 for fiscal year 2016;

(B) $275,000,000 for fiscal year 2017;

(C) $285,000,000 for fiscal year 2018;

(D) $300,000,000 for fiscal year 2019; and

(E) $300,000,000 for fiscal year 2020.

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(3) FEDERAL LANDS AND TRIBAL TRANSPORTATION PROGRAMS

(A) TRIBAL TRANSPORTATION PROGRAM

For the tribal transportation program under section 202 of title 23,

United States Code—

(i) $465,000,000 for fiscal year 2016;

(ii) $475,000,000 for fiscal year 2017;

(iii) $485,000,000 for fiscal year 2018;

(iv) $495,000,000 for fiscal year 2019; and

(v) $505,000,000 for fiscal year 2020.

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(B) FEDERAL LANDS TRANSPORTATION PROGRAM

(i) IN GENERAL.FOR THE FEDERAL LANDS

transportation program under section 203 of title 23, United

States Code—

(I) $335,000,000 for fiscal year 2016;

(II) $345,000,000 for fiscal year 2017;

(III) $355,000,000 for fiscal year 2018;

(IV) $365,000,000 for fiscal year 2019; and

(V) $375,000,000 for fiscal year 2020.

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(ii) ALLOCATION.—Of the amount made available

for a fiscal year under clause

(I) THE AMOUNT FOR THE NATIONAL PARK SERVICE

IS—

(aa) $268,000,000 for fiscal year 2016;

(bb) $276,000,000 for fiscal year 2017;

(cc) $284,000,000 for fiscal year 2018;

(dd) $292,000,000 for fiscal year 2019; and

(ee) $300,000,000 for fiscal year 2020.

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The new DOI Sec. Zinke hinted at the hearing that one priority in an expected Trump-backed infrastructure bill will be to address a $12 billion backlog in maintenance at National Parks (NPS).

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(II) THE AMOUNT FOR THE UNITED STATES FISH

AND WILDLIFE SERVICE is

$30,000,000 FOR EACH OF

FISCAL YEARS 2016 THROUGH 2020; AND

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(III) THE AMOUNT FOR THE UNITED STATES FOREST

SERVICE IS—

(aa) $15,000,000 for fiscal year 2016;

(bb) $16,000,000 for fiscal year 2017;

(cc) $17,000,000 for fiscal year 2018;

(dd) $18,000,000 for fiscal year 2019; and

(ee) $19,000,000 for fiscal year 2020.

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(C) FEDERAL LANDS ACCESS PROGRAM

For the Federal lands access program under section 204

of title 23, United States Code—

(i) $250,000,000 for fiscal year 2016;

(ii) $255,000,000 for fiscal year 2017;

(iii) $260,000,000 for fiscal year 2018;

(iv) $265,000,000 for fiscal year 2019; and

(v) $270,000,000 for fiscal year 2020.

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(4) TERRITORIAL AND PUERTO RICO HIGHWAY PROGRAM

For the territorial and Puerto Rico highway program under

section 165 of title 23, United States Code, $200,000,000 for

each of fiscal years 2016 through 2020.

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(5) NATIONALLY SIGNIFICANT FREIGHT

AND HIGHWAY PROJECTS

For nationally significant freight and highway

projects under section 117 of title 23, United States Code—

(A) $800,000,000 FOR FISCAL YEAR 2016;

(B) $850,000,000 FOR FISCAL YEAR 2017;

(C) $900,000,000 FOR FISCAL YEAR 2018;

(D) $950,000,000 FOR FISCAL YEAR 2019; AND

(E) $1,000,000,000 FOR FISCAL YEAR 2020.

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YEP, THAT IS ONE TRILLION DOLLARS.

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PRESIDENT TRUMP HAS MANY OPTIONS JAN 30, 2017

HR 22 THE FAST ACT IS AN EXISTING LAW AND PROVIDES FUNDING THROUGH 2020, MONEY THAT THE TRUMP ADMINISTRATION CAN WORK WITHIN (A 490 PAGE DOCUMENT)

JUN 17, 2015 – HERE’S A 24 PAGE  SUMMARY, PROVIDED BY  THE CONGRESSIONAL BUDGET OFFICE ON THE STATUS OF THE HIGHWAY TRUST FUND AND “OPTIONS” FOR PAYING FOR HIGHWAY SPENDING

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Highway Trust Fund – Congressional Budget Office

https://www.cbo.gov/sites/default/files/…/50298-TransportationTestimony_1.pdf

JUN 17, 2015 – SUMMARY. 1. SPENDING FOR HIGHWAYS AND MASS TRANSIT …

$65 BILLION ON MASS TRANSIT SYSTEMS.the fund’s highway account or its transit account.

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JUN 17, 2015,  snippets facts, options and oops.

 Since 2008, in fact, lawmakers have transferred $65 billion

from the U.S. Treasury’s general fund to the Highway

Trust Fund so that the trust fund’s obligations could be

met in a timely manner.

The trust fund could continue to receive supplements

from the Treasury’s general fund. Lawmakers could maintain

funding for surface transportation programs at the average

amounts provided in recent years, but to do so they would need

 to transfer $3 billion before the end of fiscal year 2015 and

 between $11 billion and $22 billion every year thereafter

through 2015, Spending resulting from such general fund transfers

could be paid for by reducing other spending or by

increasing revenues from broad-based taxes, or such

transfers could add to deficits and thus increase federal

borrowing

 Moreover, with its current revenue sources, the Highway

Trust Fund cannot support spending at the current rate.

 The Congressional Budget Office estimates that spending

in fiscal year 2015 for highways and transit programs

funded from the Highway Trust Fund will be $44 billion

and $8 billion, respectively, whereas revenues collected

for those purposes are projected to be $34 billion and

$5 billion, respectively.

 By CBO’s estimate, at the end of fiscal year 2015,

the balance in the trust fund’s highway account will fall to

 about $2 billion and the balance in its  transit account will be

about $1 billion.

The Department of Transportation (DOT) would probably need

to delay payments to states at some point before the end of fiscal

year 2015 in order to keep the fund’s balance above zero,

AS REQUIRED BY LAW. IN FACT, BECAUSE OF THE TIMING OF

THE DEPOSITS TO THE TRUST FUND,

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Years are federal fiscal years, which run from October 1 to September 30 and are designated by the calendar year in which they end.

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 DOT HAS STATED THAT IT WOULD NEED TO DELAY PAYMENTS IF

CASH BALANCES FELL BELOW $4 BILLION IN THE HIGHWAY ACCOUNT

 OR BELOW $1 BILLION IN THE TRANSIT ACCOUNT.

 THEN, IF NOTHING CHANGES, THE TRUST FUND’S BALANCE

WILL BE INSUFFICIENT TO MEET ALL OF ITS OBLIGATIONS IN

 FISCAL YEAR 2016, AND THE TRUST FUND WILL INCUR STEADILY

 ACCUMULATING SHORTFALLS IN SUBSEQUENT YEARS.

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The bottom line

THANK GOD SOMETHING CHANGED ON NOV 8, 2016

Jan 30, 2017 DONALD J. TRUMP IS THE PRESIDENT OF THE UNITED STATES OF AMERICA

AND, UNDER THE  MANY LAWS, PRESIDENT TRUMP HAS MANY  OPTIONS.

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