Making Federal Highway Spending More Productive: Analyses, Approaches and Perspectives

Rickey Lambert (Editor)

Series: Transportation Issues, Policies and R&D
BISAC: BUS070100

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$125.00

Volume 10

Issue 1

Volume 2

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Special issue: Resilience in breaking the cycle of children’s environmental health disparities
Edited by I Leslie Rubin, Robert J Geller, Abby Mutic, Benjamin A Gitterman, Nathan Mutic, Wayne Garfinkel, Claire D Coles, Kurt Martinuzzi, and Joav Merrick

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Federal spending on highways totaled $46 billion in 2014, roughly a quarter of total public spending on highways. About 95 percent of that amount was spent for the construction of highways or for their improvement, expansion, and major repair, and the remainder was spent for operation and maintenance. Recently, two factors have combined to highlight the importance of making each dollar spent on federal highway programs more productive economically. First, the federal government’s main source of funds for highways—gasoline tax revenues dedicated to the Highway Trust Fund—has been insufficient to pay for federal spending on highways. Since 2008, lawmakers have transferred about $143 billion from other sources to maintain a positive balance in the trust fund. Second, adjusted for changes in construction costs, total federal spending on highways buys less now than at any time since the early 1990s. This book discusses approaches to making federal highway spending more productive, as well as the status of the Highway Trust Fund and options for paying for highway spending. (Imprint: Nova)

Preface

Chapter 1. Approaches to Making Federal Highway Spending More Productive
Chad Shirley and Nathan Musick

Chapter 2. The Status of the Highway Trust Fund and Options for Paying for Highway Spending
Sarah Puro and Chad Shirley

Chapter 3. Testimony of Stephen Moore, Visiting Fellow, The Heritage Foundation. Hearing on ''Dead End, No Turn Around, Danger Ahead: Challenges to the Future of Highway Funding''

Chapter 4. Testimony of Ray LaHood, Co-Chair, Building America's Future. Hearing on ''Dead End, No Turn Around, Danger Ahead: Challenges to the Future of Highway Funding''

Chapter 5. Testimony of Robert W. Poole, Jr., Director of Transportation Policy, Reason Foundation. Hearing on ''Long-Term Financing of the Highway Trust Fund''

Chapter 6. Testimony of Bill Graves, President and CEO, American Trucking Associations. Hearing on ''Long-Term Financing of the Highway Trust Fund''

Chapter 7. The Federal Excise Tax on Motor Fuels and the Highway Trust Fund: Current Law and Legislative History
Sean Lowry

Index

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