The Bipartisan Policy Center (BPC) and the Eno Center for Transportation released their co-authored report, The Consequences of Reduced Federal Transportation Investment, outlining the foreseeable consequences of reductions in federal surface transportation funding. Focusing on the likely impacts of a 35 percent reduction in federal surface transportation funding by state agencies and transit authorities, the report emphasizes the need to institute a sustainable stream of transportation revenues and investment resources.
The presentation of the report was followed by a panel discussion of top experts from government and the transportation sector, who discussed the consequences of Congress' failure to address the issue of sustainable funding in the recently enacted MAP-21 as well as possible methods for establishing long term financial resources for transportation.
Read the press release here.
Presentation of co-authored BPC and Eno report, The Consequences of Reduced Federal Transportation Investment, by
Emil Frankel, Visiting Scholar, Bipartisan Policy Center
Joshua Schank, President and CEO, Eno Center for Transportation
Panel Discussion moderated by
Nicholas Turner, Managing Director, The Rockefeller Foundation
Ryan Alexander, President, Taxpayers for a Common Sense
Jack Basso, Director of Program Finance and Management, American Association of State Highway and Transportation Officials (AASHTO); Former Assistant Secretary for Budget and Programs, U.S. Department of Transportation
Shin-pei Tsay, Director of Cities and Transportation, Energy and Climate Program, Carnegie Endowment for International Peace