Federal Budget

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Contact

Sean O'Neill
Director, Congressional Relations, Infrastructure Advancement
Associated General Contractors of America
2300 Wilson Boulevard, Suite 400
Arlington, VA 22201
USA
Phone: (202) 547-8892
Fax: (202) 547-1635
http://www.agc.org

Federal construction projects are funded through a two-step process: authorization and appropriation. Whereas authorizations provide the authority and parameters for federal spending, no construction projects break ground without spending first being made available to federal agencies through the annual appropriations process.

On Feb. 13, 2012, President Obama released his $3.8 trillion proposed budget for fiscal year 2013. The budget is not expected to be adopted, but it does set the stage for debates over taxes and spending during what is expected to be a volatile presidential season. Construction spending accounts total about $120 billion. The chart below shows list the federal construction accounts, their 2012 appropriated levels and the Administration's budget request for fiscal years 2012 and 2013. AGC supports overall programmatic increases in federal construction accounts that keep pace with inflation and meet the nation's growing public works needs.

AGC Summary FY 2013 Federal Construction Accounts

(dollars in millions)

(1) This number reflects $250 million in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(2) This number reflects $3.1 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(3) This number reflects $27.65 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(4) This number $3 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(5) This number represents $1 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(6) This number represents $7.5 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(7) This number represents $2.5 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(8) This number represents $3 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(9) This number represents $2 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support the $50 billion in "up-front" funding.

(10) These numbers reflect the $50 billion in "up-front" FY 2012 federal transportation funding. The President"s FY 2012 budget request does identify additional revenue sufficient to support this $50 billion in "up-front" funding.