As part of its FY 2006 budget proposal that was released yesterday, the Bush administration is proposing to increase its federal highway and transit investment recommendations to the levels proposed by House Republicans during the 2004 highway bill negotiations. The administrations new TEA-21 reauthorization financing proposal would provide $283.9 billion in guaranteed highway, transit and safety investments through 2009. The new proposal is an increase of roughly $28 billion from the guaranteed funding the administration recommended last year.