Make It In America, Create Transportation Manufacturing Jobs in America Act

Make It In America, Create Transportation Manufacturing Jobs in America Act - Eliminates certain grounds for waiving Buy American requirements that the Secretary of Transportation (DOT) obligate federal funding for certain air navigation, highway, and rail activities and projects only if U.S. steel, iron, and manufactured goods are used in such projects. (Retains the current waiver of such Buy American requirements for any case where use of U.S. material will increase overall costs of a highway and roadway or highspeed rail project by more than 25%.)

Revises waiver of Buy American requirements. Authorizes the Secretary to waive such requirements if the cost of U.S.-produced components and subcomponents is: (1) more than 60% of the cost of all components of Federal Aviation Administration (FAA) rolling stock in the case of obligations made on or before December 31, 2011; (2) more than 66% of the cost of all components of rolling stock in the case of obligations made during calendar 2014; (3) 75% of the cost of all components of rolling stock in the case of obligations made during calendar 2015; or (4) 85% of the cost of all components of rolling stock in the case of obligations after December 31, 2016.

Repeals the Secretary's authority to exempt Amtrak from Buy American requirements in certain circumstances. Revises waiver requirements to authorize a waiver with respect to rolling stock in each of the circumstances enumerated for FAA rolling stock.