Hoping to sustain interest in the Committee’s efforts to enact a new multi-year transportation bill during this session of Congress, Reps. James Oberstar (D-MN) and Peter DeFazio (D-OR), leaders of the House Transportation and Infrastructure Committee, convened a hearing on April 14 to explore innovative ways of financing highway and transit investments. But while the hearing provided a useful survey of available financing tools and programs, it produced no new answers to the key question that has bedeviled transportation advocates for many months and remains as the chief obstacle to moving the legislation forward— the question of how to pay for the proposed multi-year surface transportation program.
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Tags: American Recovery and Reinvestment Act, ARRA, Chrispher Bertram, Department of Transportation, HIRE Act, Innovation Newsbriefs, James Oberstar, Ken Orski, Kenneth Orski, Peter DeFazio, Railroad Rehabilitation and Improvement Financing, RRIF, TIFIA Program, TIGER Grants, Transportation and Infrastructure Committee
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