Transportation Economic Trends
Government Transportation Revenues and Expenditures:
Government Transportation Expenditures
Government spending on transportation funds activities like the building of highways and bridges. Most government spending on transportation takes place at the state and local levels, although federal funds often supplement state and local capital expenditures. Public-private partnerships are another method to finance, build, and operate transportation projects.
- In 2020, the Federal Government spent $41.8 billion directly on transportation, excluding federal transfers to states.
- State and local governments spent $362.0 billion in 2020, including expenditures paid for with federal transfers, such as the Federal-Aid Highway Program and the Airport and Airway Trust Fund.
- The 2020 CARES Act provided $132.3 billion for air transportation and $69.5 billion to transit accounting for the large increase in expenditures.
- 2020 marks the onset of the first COVID-19 emergency funding package, the CARES Act. For more information on COVID-19 transportation funds, visit COVID-19 Stimulus Funding for Transportation.