Obama's budget gives city boost in terror fight, transportation

President Barack Obama’s 2012 budget proposal gives Gotham a big boost in its efforts to fight terrorism and improve transportation near the World Trade Center.

The plan would allot more than $40 million for “four vital programs that are the lifeblood of New York’s anti-terror initiatives,” said Sen. Chuck Schumer (D-NY).

“New York wins big on homeland security funding in this budget,” he said.

Gotham would also see part of the $27 million Securing the Cities initiative, which would help major cities detect dirty bombs.

Unlike the GOP House plan, which could slash $100 million from Gotham, Obama’s plan is mainly a boon for New York.

Other highlights:

Transportation

— The city could get upward of $2 billion in tax credits to help transportation projects in lower Manhattan

Education

— Summer-session Pell grants for students would end, along with interest subsidies for grad-student loans

— Overall federal funding for public schools would increase