Thursday, February 12, 2004 Statement Regarding the President’s Responsible Highway and Transit Budget The President has charted a course for cutting the budget deficit in half in five years. We must fund our priorities of winning the war on terror, defending the homeland, and creating jobs -- and we must hold the line on spending in other areas. The President's budget proposes a responsible $256 billion in highway and transit spending, which represents a 21 percent increase over the previous six-year period and a responsible approach to improve highway safety and curb congestion. The President also has made clear that...