News

Study IDs consequences of funding cuts

October 26, 2012

Cutting funds for transportation without reforming the existing federal surface transportation program would create significant economic consequences, according to a study by the Bipartisan Policy Center.

In metropolitan regions especially, congestion would increase and transit service would decline. The impacts would reverberate nationally because the regions in question account for a substantial percentage of national economic activity and growth, the study said.

“At PHIA, we tend to focus on the situation in Pennsylvania, but the transportation funding issue is a national problem,” said PHIA Managing Director Jason Wagner. “The lack of consensus and leadership at the federal level means states will need to develop their own solutions or risk further deterioration of one of our most important assets.”

The Bipartisan Policy Center was founded in 2007 by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell. The non-profit organization describes itself as driving “principled solutions through rigorous analysis, reasoned negotiation and respectful dialogue.” To read the complete study, click here.

 # # #

Sorry, Comments are closed.

Comments

>