U.S. Department of Transportation
The Biden-Harris Administration today submitted to Congress the President’s Budget for fiscal year 2023 (FY 2023). The President’s Budget details his vision to expand on the historic progress our country has made over the last year and deliver the agenda he laid out in his State of the Union address—to build a better America, cut costs for families, reduce the deficit, and grow the economy from the bottom up and middle out.
With the inclusion of the additional $37 billion in guaranteed Advanced Appropriations provided under the Bipartisan Infrastructure Law, the Department’s total budget for FY 2023 will be $142 billion.
Together, these funds will increase access to safe, clean, and reliable transportation; create jobs across the country; and strengthen our economy. FY 2023 will be the second year of the implementation of the historic Bipartisan Infrastructure Law, which provides a once in a generation opportunity to modernize our transportation infrastructure and build the foundation the American people need to compete and win in the 21st Century.
“The investments in the President’s Budget make traveling safer, easier, cleaner, and more affordable for the American people,” said U.S. Transportation Secretary Pete Buttigieg. “From roads, tunnels and bridges, to airport and port improvements, electric vehicle chargers, safe bike lanes, and more, we are building a first-rate transportation system for all Americans.”