Transportation For America Tax reform promises prosperity but is more likely to assure austerity

Tax reform promises prosperity but is more likely to assure austerity

21 Dec 2017 | Posted by Transportation for America | 1 Comment | infrastructure, jobs, Press Releases, tax reform

Transportation for America Kevin F. Thompson offered this statement:

“The supporters of this tax package have promised that it will bring great prosperity. But the trillion-dollar deficit it creates all but guarantees that Congress will be forced to cut funding for job-creating surface transportation programs and other infrastructure investments that the President claims to support — imperiling the country’s economy. In other words, their promises of prosperity will actually lead to years of austerity.”

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Transportation for America is a program of Smart Growth America, the only national organization dedicated to researching, advocating for, and leading coalitions to bring better development strategies to more communities nationwide. From providing more sidewalks to ensuring more homes are built near public transportation or that productive farms remain a part of our communities, smart growth helps make sure people across the nation can live in great neighborhoods. For more information visit www.smartgrowthamerica.org.

1 Comment

Russ Klettke
7 years ago

Unfortunately, the ill effects of this won’t be felt or noticed in time for the 2018 and probably 2020 election cycles. Meaningful economic policies are more effective (and destructive) several years out, long after the public and the press think about or discuss what happened and what the consequences might be.