|FOR IMMEDIATE RELEASE:||
CONTACT: Jesse Jacobs
|Wednesday, March 6, 2002||
Senator Paul S. Sarbanes, the Chairman of the Banking, Housing, and Urban Affairs Committee, has announced that the full Committee will hold an oversight hearing on the state of public transportation in America. In 1998, legislation was enacted - the Transportation Equity Act for the 21st Century (TEA-21) - which provided for significant investments in surface transportation programs, including mass transit. In preparation for next year's reauthorization of TEA-21, the Committee and the Subcommittee on Housing and Transportation, chaired by Senator Jack Reed, will review the successes and challenges facing transit in a series of hearings.
Transit ridership has increased by 21% over the last five years. The Committee will consider this growing demand for transit in communities across the nation and the need for continued investment in transit programs in light of this demand, as well as the progress made under TEA-21 in meeting our nation's transportation challenges, and the outlook for the future of the Federal transit program.
"A strong investment in our nation's transit systems is essential to America's economic growth and an enhancement to our quality of life," said Sarbanes. "Safe and efficient transit systems provide significant benefits both to transit riders and to others in the community."
The hearing will be held:
Scheduled to appear before the Committee are: