Last week, President Barack Obama unveiled his fourth federal budget proposal, a $3.8 trillion proposal that, among other things, would provide $50 billion for immediate transportation investments, $30 billion to modernize schools, $30 billion to hire teachers and first responders and $2.9 billion to support workforce development training programs.
NLC President Ted Ellis, mayor of Bluffton, Ind., said that city leaders are pleased with the overall direction of the budget, which tries to mix spending cuts with important investments in infrastructure and human capital. However, more can be done to give city governments the flexibility and resources to create opportunities at the local level.
“Federal investments in cities do not stay in City Hall. They go to local businesses and service providers who act as partners in transforming their neighborhoods and delivering services,” said Ellis. “While it is important that Congress and the Administration continue to tackle the budget deficit, they also must still focus on creating an environment for private sector growth on the local level.”
The President’s proposal is a step in that direction, calling for $476 billion over six years for highways and mass transit, as well as initiatives that would enhance start-up access to credit, promote entrepreneurship and cut taxes for small businesses.
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