House GOP Proposes $11.5 Billion Cut in Transportation Funding for This Year04-Feb-2011 Transportation and Housing funding for FY 2011 would be reduced by 17%, or $11.5 billion, in an effort to reduce federal spending to 2008 levels (pre-ARRA and financial bailout). It's the largest proposed cut (by percentage), followed by Justice and Commerce seeing a 16% cut.
Senate Democrats have signaled support for some reduced spending, but will almost certainly oppose the reduction levels proposed by House Republicans.
Congress faces a March 4 deadline for turning those spending cuts into legislative language to fund the government through the end of the fiscal year (September 30).
House Republicans originally pledged to cut FY 2011 spending by $100 billion, using the President’s request of $478 billion in fiscal 2011 non-security spending as the starting point. But with five months of the fiscal year gone by, Republicans decided that reduction should be applied going forward, and proposed a smaller reduction.