Posts Tagged "new reports"
St. Louis’s economic prospects are directly related to the quality of access to transportation for their residents — making new investments in public transportation essential. A new T4America report analyzes the possible ways that the St. Louis region could fund an expansion of their public transportation network
Launched at a terrific event at Washington, DC’s Newseum just this morning, Core Values, this first-of-its-kind report is stuffed with useful data on nearly 500 companies that have decided to either move from the suburbs to a downtown location, or that have decided to expand or open a new branch in a downtown core.
Yesterday, The Baltimore Sun editorial board heartily affirmed the necessity of the Red Line for Baltimore’s future, calling it “the economic shot in the arm” that the city needs and urging Maryland Gov. Larry Hogan to approve both it and the Purple Line project in the DC suburbs.
Drawing from experience across the nation, a new Transportation for America report attempts to assess the full range of potential economic benefits from the planned Red and Purple transit lines in Maryland. The key finding: With benefits that far outweigh the costs, these two lines would help position Maryland for economic success in ways that few other investments are likely to do.
Congress has seen various proposals floated to scale back federal investment in transportation, from cutting out transit funding to ending the federal gasoline tax and shifting full responsibility to the states. We decided to take a look at what that latter move would mean for taxpayers, who would have to make up the difference in each state or accept multi-million dollar decreases in funding and deteriorating conditions on an annual basis.
With pressure mounting to ensure our limited transportation dollars go as far as possible, a new report out today from Transportation for America takes a close look at the growing trend of using performance measures to establish clear priorities and measure the success of our transportation investments.
Developing a better system to measure the performance of our transportation spending is an idea that’s gaining momentum, and we want to help you be on the cutting edge.
Congressional inaction on saving the nation’s transportation fund would have tangible impacts on projects planned for next year and beyond, forcing many long-awaited projects to halt indefinitely as soon as this summer. Numerous states are already beginning to make plans for a year where no federal money is available for new projects by scaling back plans and tentatively canceling projects.
Barring congressional action, the nation’s transportation fund will be insolvent later this year and the federal government will be unable to commit to funding any new transportation projects next year. This would have significant impacts on projects that have been planned years in advance across the country.
Unless Congress adds new revenue to the nation’s transportation trust fund, the federal government will be unable to commit to funding any new transportation projects, depriving states and localities of resources critical to maintaining and improving the infrastructure that makes our economy possible.