Search Results for: Roads lose billions annually

Roads lose billions annually

Transit haters talk of how much public transportation loses and the public subsidy they receive, but they almost universally ignore the money lost on roads and highways and the public subsidy they receive. From the Texas Department of Transportation… [An analysis of road building and maintenance costs] revealed that no road pays for itself in read more »

Highway trust fund bailout

The U.S. Highway Trust Fund will be broke by August, according to Obama administration officials. The Wall Street Journal reports of a $7 billion shortfall for transportation projects that is funded by the Federal 18.4 cent gasoline tax. Last year, Congress transferred $8 billion from the general fund to the highway fund. “User fees” such read more »