Transportation rss

Realism Emerging on Highway Trust Fund(1)

October 30, 2014

The late Herb Stein, former chairman of the Council of Economic Advisers, once quipped, “If something cannot go on forever, it will stop.” Stein’s Law, as it is now known, applies to the five bailouts of the Highway Trust Fund with general fund money since 2008, to the tune of $62 billion, to make up […]

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Tolling Interstates Is a Bad Idea

(Editor’s Note: This column is in response to Bob Poole’s column in our September 4, 2014 edition found here.) People who choose to spend their money on dining out do so by choice and for convenience – it’s a key reason people visit restaurants. They expect value, a pleasant experience and a fair pricing system […]

Surveys Show Americans Prefer Tolls Over Tax Increases

The latest Reason-Rupe Public Opinion Survey asked six questions about transportation policy. The most newsworthy results came from the question about Interstate modernization. The question read as follows: “To pay for repairing and expanding Interstate highways, would you rather raise the gas tax or pay tolls when you drive on them?” Some 58% selected “pay […]

Opponents Try to Sink All Aboard Florida Rail Project

(Editor’s note: If high speed rail can work in Florida without government subsidy, maybe we can do the same here in Virginia under the right circumstances.) As regular readers of this newsletter will recall, I have been generally supportive of the effort by a division of the company that owns and operates the Florida East […]

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