Innovation Newsbriefs
Vol. 26, No. 1
With gasoline prices at a five year low, isn’t this the perfect time to raise the federal gas tax? A growing chorus of voices including several infuential Republican Senators — John Thune (R-SD), Bob Corker (R-TN) Jim Inhofe (R-OK), and Orrin Hatch (R-UT)—seem to think so. So does the Washington Post and the New York Times. “Now is the best time Washington has seen in years to raise the federal gas tax,” a Post editorial said. “A modest increase in the gas tax would hardly be noticeable to most Americans,” echoed the New York Times…President Obama isn’t so sure.
Archive for the ‘Bipartisan’ Category
The Gas Tax and Some Fresh Thoughts on How to Pay For Transportation
Thursday, January 15th, 2015The Life and Death of the Highway Trust Fund
Wednesday, December 3rd, 2014
ENO CENTER FOR TRANSPORTATION
The current federal program for funding surface transportation infrastructure in the United States is broken. Since 2008, the U.S. Highway Trust Fund (HTF) has repeatedly been on the brink of insolvency, necessitating five infusions from the U.S. Treasury’s General Fund. Many solutions have been proposed to stabilize funding for the federal surface transportation program, but each has confronted substantial political barriers. This study details the circumstances that have led the U.S. transportation program to its current funding situation and explores how other nations have created sustainable mechanisms for ensuring adequate national level investment in surface transportation systems.
Intergovernmental Challenges in Surface Transportation Funding
Wednesday, October 1st, 2014
THE PEW CHARITABLE TRUSTS
This analysis examines the role that each level of government plays in paying for highway and transit infrastructure (referred to here as “surface transportation” or “transportation”), the key problems facing this multilayered system of funding, and their causes. In addition, it identifies central principles that policymakers need to consider as they weigh options and consider solutions.
The High-Speed Rail Debate Revisited
Tuesday, August 19th, 2014Innovation Newsbriefs
Vol. 25, No. 12
Two recent columns in the New York Times (both reprinted below) have revived the semi-dormant debate about the future of high-speed rail in America. The first column, by New York Times correspondent Ron Nixon, casts a skeptical eye on the Administration’s high-speed rail program and concludes that “despite the administration spending nearly $11 billion since 2009….the projects have gone mostly nowhere…”
The second column, closely following the first, is an opinion piece by the Times’ editorial board. The editors may have felt obliged to respond to the highly critical assessment of the White House initiative by one of their own reporters.
View this complete post...12 U.S. DOT Secretaries Speak, But Won’t Agree on a “Fix”
Monday, July 28th, 2014Innovation Newsbriefs
Vol. 25, No. 10
The 12 bipartisan secretaries allude in their letter to their combined experience stretching back over 35 years. Indeed, they arguably have more institutional knowledge, experience and expertise in transportation funding than the whole current Congress combined. Their coming together at this moment also bespeaks to their above-the-fray non-partisanship and general collegiality…So the obvious question for them is: Why can’t they, or why won’t they, make a single substantive consensus recommendation on exactly how transportation funding should be increased?
White House White Board: Vice President Biden on Rebuild America
Thursday, July 24th, 2014
In this installment of the White House White Board series, Vice President Biden takes the pen and discusses the importance of transportation infrastructure investment in America. Learn more at http://www.whitehouse.gov/rebuild-america
View this complete post...An Economic Analysis of Transportation Infrastructure Investment
Friday, July 18th, 2014
THE WHITE HOUSE: NATIONAL ECONOMIC COUNCIL & THE PRESIDENT’S COUNCIL OF ECONOMIC ADVISORS
A high quality transportation network is vital to a top performing economy. Investments by previous generations of Americans – from the Erie Canal in 1807, to the Transcontinental Railroad in 1869, to the Interstate Highway System in the 1950s and 1960s – were instrumental in putting the country on a path for sustained economic growth, productivity increases, an unrivaled national market for good and services, and international competitiveness. But today, current estimates indicate that America’s transportation infrastructure is not keeping pace with demands or the needs of our growing economy, for today or for future generations.
States’ Transportation Revenue Initiatives Help to Compensate for an Absence of Congressional Action on Long-Term Funding
Tuesday, July 15th, 2014Innovation Newsbriefs
Vol. 25, No.
While transportation stakeholders and the Washington press corps focus on the impending insolvency of the Highway Trust Fund and bemoan the fact that the House-Senate agreement to replenish the Trust Fund provides only short-term funding ($10.8 billion) through May 2015, they are ignoring developments outside the Beltway that go a long way toward compensating for an absence of congressional action on long-term funding. For in fact, individual states, far from sitting idly by, are responding to the fiscal uncertainties in Washington by stepping up and raising additional revenue to meet their transportation needs.
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