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Thursday, February 9, 2012

Proposed Transportation Bill - If you Haven't Seen It Yet, You may want to...

The American Energy & Infrastructure Jobs Act, Summary of Transportation Reauthorization Proposal  Link:

I was reading the ITD News Brief and decided to check out the Transportation Bill.  Here's a brief recap of a few items reported in the bill by the ITD News Brief story:

* It would make financing for mass transit much less certain, and more vulnerable, by ending a 30-year agreement that guaranteed mass transit a one-fifth share of the fuel taxes and other user fees in the highway trust fund. Instead it would compete annually with other programs.

* It would open nearly all of America’s coastal waters to oil and gas drilling, including environmentally fragile areas that have long been off limits. The ostensible purpose is to raise revenue to help make up what has become an annual shortfall for transportation financing. But it is really just one more attempt to promote the Republicans’ drill-now-drill-everywhere agenda and the interests of their industry patrons.
* It would demolish significant environmental protections by imposing arbitrary deadlines on legally mandated environmental reviews of proposed road and highway projects, and by ceding to state highway agencies the authority to decide whether such reviews should occur.

In 1982, with President Ronald Reagan’s blessing, Congress agreed to apportion 80 percent of the highway trust fund revenues to highways, bridges and tunnels, and 20 percent to subways, bus lines and other forms of mass transit. In 2010, this meant around $32 billion for highways, bridges and so on and $8 billion for mass transit.

The House bill would direct all the trust fund money to roads and bridges. It would authorize a one-time payment of $40 billion over five years for all the other transportation programs, including mass transit and smaller initiatives to improve air quality and ease congestion. That means that mass transit would have to struggle with others for yearly appropriations — and would almost certainly get less than the $8 billion it received in 2010.

Where that $40 billion will come from is also unclear. The idea that oil revenues from increased drilling will provide it is delusional. Even if new leases are rushed through, oil will not begin to flow for years, and neither will the royalties.

In any case, none of this is good news for urban transit systems, including New York City’s Metropolitan Transportation Authority, which, in 2010 alone, received about $1 billion from the trust fund.
To see the full story visit the link below:


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