As “Sequest-air”—the political fight over the flight delays caused by the Federal Aviation Administration’s (FAA) decision to furlough air traffic controllers—gained momentum yesterday, the Senate passed a bill that would do exactly what Congress and the Administration should have done all along: cut spending but prioritize where the cuts should …
The Highway Trust Fund (HTF), which funds most surface interstate transportation programs, from roads to bridges, faces insolvency in a few short years. In a House Budget Hearing today, one witness—Robert Poole of the Reason Foundation—offered lawmakers a near-term solution akin to what The Heritage Foundation has proposed: Recommit HTF …
Federal funding for high-speed rail would end under the House fiscal year 2014 budget introduced by Budget Committee chairman Paul Ryan (R–WI). Costly high-speed rail and other intercity rail projects are not federal priorities, especially in this era of trillion-dollar budget deficits. They should not be exempt from budget cuts. …
Next City, the nonprofit organization that produced this recent Super Bowl commercial parody, and other transit advocates claim that trains, buses, and even trolleys provide practical ways for people to travel between home and work, and places like church and the store. They say transit is affordable and helps the …
Department of Transportation (DOT) Secretary Ray LaHood is moving on. In an e-mail to DOT employees announcing his plans to leave, LaHood highlighted what he considers to be “remarkable accomplishments” during his four years leading the agency: We helped jumpstart the economy and put our fellow Americans back to work …
Bad ideas never seem to die. But the proposal to create a national infrastructure bank to federally fund transportation and infrastructure projects with taxpayer dollars is one such idea that President Obama and lawmakers in the 113th Congress should put to rest. A recent Politico article noted that the departure …
President Obama hinted toward at least one aspect of his second-term agenda during yesterday’s inaugural address: more transportation “investment.” No surprise there. Obama’s past budget requests, State of the Union speeches, and the American Jobs Act of 2011 plan have all been peppered with calls for increased federal spending on …
Even as the President and Congress have again failed to deal with the genuine fiscal threats facing the nation, the Department of Transportation (DOT) is considering gambling $5.5 billion in taxpayer funds on a high-speed train to Las Vegas. The loan could be approved under the Federal Railroad Administration’s Railroad …
According to the Financial Times, the insurance industry estimates the total bill for insurers from Hurricane Sandy will be between $20 billion and $25 billion. President Barack Obama’s emergency request for Hurricane Sandy totals $60.4 billion. One must naturally wonder how the damages not covered by insurance could be roughly …
