Federal Funding

A new Republican proposal would eliminate federal subsidies to Amtrak; kill New Starts, the primary federal transit funding program; and make painful cuts to dozens of other federal programs. It’s a plan by the Republican Study Committee, which is trying to keep alive House Speaker John Boehner’s campaign pledge to reduce the budget by $100 billion. Boehner himself has been backing off from the pledge, given the popularity of many of the programs the Study Committee is now proposing to axe.

The headlines have been apocalyptic.

So longtime chair James Oberstar is gone from the House Transportation and Infrastructure Committee, and the Republicans in charge now are unlikely to take up a transportation bill as expansive as the one he proposed last year. That doesn’t mean transportation advocates should take the next two years off. In "Moving Past Gridlock: A Proposal for a Two-Year Transportation Law" [PDF], Robert Puentes of the Brookings Institution’s Metropolitan Policy Program argues that there’s a lot to do even in the absence of a long-term reform bill.

Back in September, Rep. John Boehner (R-OH), now Speaker-elect, told Good Morning America he wanted to “pass a bill this month at 2008 spending levels – you know, before the TARP, before the bailouts, before the stimulus – and let’s put some certainty in the economy.”

Our report yesterday on transportation financing may have left you with a few more questions. We started with a look at TIFIA, which provides credit assistance for infrastructure projects. Many observers see the program as limited by its position inside the DOT and its opaque decision-making process.

TIFIAs and TIGERs and NIBs -- oh my! The alphabet soup of infrastructure funding mechanisms can be alienating even to committed transportation advocates. But with the power of the gas tax diminishing and elected officials refusing to raise it, other financing options are taking on increasing importance. If you're interested in reforming our transportation system for the 21st Century, it pays to know the differences between them.

A few weeks ago, when a new ferry was inaugurated in Puget Sound, Washington Governor Chris Gregoire smashed a bottle of champagne and declared, “God bless this boat."

The Senate just voted down the Republican proposal to ban earmarks.