Transportation Policy
Basics
Wall Street Swaps Haunting Cities: How Many Transit Agencies Hold Them?
The vast majority of Americans could not recognize the term "credit-default swaps" until 2008, when the obscure type of Wall Street deal was pinpointed as a leading cause of the U.S. financial meltdown. Now another type of swap, centered on interest rates, is making headlines as a growing number of urban governments start to regret their bets on borrowing costs.
March 31, 2010
New Poll: Support For Transit Expansion Transcends Rural-Urban Divide
Despite the frequent reluctance of rural lawmakers to support more federal investment in transit, a majority of rural and urban voters alike believe their home towns would gain from a local transit expansion, according to a new poll released today by the infrastructure reform group Transportation for America (T4A) and the Natural Resources Defense Council (NRDC).
March 30, 2010
‘A Dozen or So’ Senators Delay Passage of Oberstar’s Highway Funding Fix
A contentious congressional dispute over $932 million in transportation funding remains unresolved this week after the Senate approved a one-month extension of federal aviation law rather than a three-month version of the bill that included a fix to the provision at issue.
March 29, 2010
Could D.C. Become Transit’s New Civil Rights Battleground?
A $189 million budget shortfall for next year is forcing some tough choices on Washington D.C.'s local transit authority, which is poised to approve a package of fare increases and service cuts that includes a 35-cent hike for bus trips.
March 29, 2010
Oberstar Stays Optimistic About New Transport Bill in 2010
House transportation committee chairman Jim Oberstar (D-MN) today renewed his call for action on a new federal infrastructure bill before year's end, using a hearing on the Obama administration's stimulus law to urge passage of long-term legislation as well as a second round of short-term investment in roads, bridges, and rail.
March 26, 2010
New Stimulus Data: Road Funds 77% Under Contract, Transit at 74%
As of the end of February, nearly $5.4 billion of transit stimulus money, or 74 percent, was under contract for projects in the 50 states and D.C., according to a Streetsblog Capitol Hill analysis of data released today by the House transportation committee.
March 26, 2010
Boxer Aims to Put TIGER-Type Program in Next Federal Transport Bill
During an otherwise-abbreviated hearing yesterday, Senate environment committee chairman Barbara Boxer (D-CA) joined the chorus of praise for the stimulus law's TIGER program, declaring her intention to add a version of the competitive infrastructure grants to the next long-term federal transportation bill.
March 25, 2010
Transport and the Tea Party: How Conservatives Talk About the Gas Tax
The passage of health care legislation this week, while elating Democrats, has proven an equally potent motivator for conservatives advocates of states' rights. Appearing on Sean Hannity's Fox News show last night, Sen. Jim DeMint (R-SC) was asked about the viability of the legal challenge to the health bill filed by 14 mostly conservative attorneys general.
March 25, 2010
EPA Drops Data Before GOP Forces Shutdown of Transportation Hearing
The Senate environment panel today was forced to prematurely shutter its latest hearing on the next long-term federal transportation bill after Republicans invoked a rarely-used right to close down committee work as part of their broader protest against the majority party's health care legislation.
March 24, 2010
Feds Begin Redefining ‘Affordable Housing’ to Include Transport Costs
The process of expanding the federal government's definition of "affordable housing," a stated goal of the Obama administration's sustainable communities effort, began in earnest yesterday with the introduction of a new index that integrates transportation prices into the cost of living for hundreds of metro areas.
March 24, 2010