Mayor Antonio Villaraigosa (courtesy of Creative Commons)

The plan aims to improve public transportation in major cities at a faster clip than through traditional project financing.

The name 30/10 represents the desire to complete 30 years worth of construction and development in ten years. The initiative is an attempt to get the federal government to fund $40 billion in new transit projects.

If accepted, the proposal could create a million jobs across the county and 160,000 in L.A. There would also be $158 billion in economic output, the mayor’s office told The City Maven. It is thought that if the plan is put in place, the number of gallons of gasoline used in a year would decrease by 10.3 million and more routes would open up, easing congestion.

Under the plan Metro will be able to build 12 mass transit projects. The plan has already garnered support from the U.S. Chamber of Commerce, the AFL-CIO and over 100 mayors. Both Republicans and Democrats have given support to the plan, according to TIME Magazine.

To implement the plan, Villaraigosa is asking that transportation bonds and federal tax breaks be used now. If tax revenue was used to pay for the transportation projects instead, L.A. would have to wait 30 years to accumulate enough money, according to Southern California Public Radio.

Villaraigosa has already made multiple visits to D.C. to pitch the idea and has already met with minority leaders in the U.S. House and Senate including Republicans who deal with transportation.

While Villaraigosa is still working on gaining additional support for the plan, he thinks the government will see its advantages.

"I can’t tell you that we have all the votes lined up," Villaraigosa told Southern California Public Radio. "But there’s a growing realization that America Fast Forward plan to create almost a million jobs is the best way to create those jobs when the federal government doesn’t have alot of money. Because there’s a multiplier effect, because you’re encouraging local governments like ours to put the money up and the government to guarantee it."

As part of a press conference in D.C. tomorrow, Villaraigosa will be joined by Sen. Barbara Boxer (D-CA), Rep. John Mica (R-FL), Mayor Scott Smith (R-AZ), U.S. Chamber of Commerce President and CEO Thomas J. Donohue, AFL-CIO President Richard Trumka and others.

The conference will be held at 2:30 in the Dirksen Senate Office Building in Capitol Hill.

A video from TIME magazine shows some transit problems that the Mayor hopes the plan will help correct.

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