Monday, September 3, 2007

Funding imbalance

Next year, the Federal Transportation Agency is going to dole out $42 billion in highway aid v. $1.4 billion in transit aid.

Imagine what would happen if the numbers were switched. Imagine what could be done if transit aid were merely doubled by shifting $1.4 billion from highway.

Figures from a Washington Post article that notes not only the funding discrepancy, but the regulatory hoops that transit projects have to jump through to get federal approval (via Ryan Avent).

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