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August 6, 2015
Title: The Highway Trust Fund
Topic: Highway Trust Fund
Discussed by Marc Scribner
with Competitive Enterprise Institute www.cei.org
Part 1 of 2
Demographers
estimate that the population in Texas will double over the next ten years.
Traffic statewide is bad enough as it is. What will it look like in five or ten
years?
Marc Scribner is a
transportation, land use, and telecommunication policy expert with the
Competitive Enterprise Institute,
Marc is here to help us understand the Highway Trust Fund and what the future
may look like if we don’t make some changes – and soon.
“First, the problem is that we’re spending more money than we’re bringing in,”
Marc explains. He goes on to discuss some of the money collected via the various
gas taxes and possible tax increases Congress wants to impose. Marc believes
that the key to success is giving more control over these decision to state and
local officials. Listen in as he explains just what the “Highway Trust Fund”
was created for and why it isn’t working.
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Title: Part 2 of 2 - The Highway Trust Fund
Topic: Highway Trust Fund
Discussed by Marc Scribner
with Competitive Enterprise Institute www.cei.org
So, what can be done to correct
the obvious mistakes resulting from the Highway Trust Fund? Marc Scribner has
some great suggestions you’ll either love or hate!
First, governments at all levels – local, state, and federal – must stop
spending outrageous sums on mass transit. For example, on the federal level,
about twenty percent of all funds is given to mass transit. However, less than
two percent of trips are made by mass transit. It’s even worse when you break
down the state and local levels.
CHECK THIS OUT!!! Studies have shown that the government could buy each person
who utilizes mass transit a new Toyota Prius every three years!! Come on, now.
That’s crazy talk.
Marc also discusses “Private Activity Bonds” and “Mileage-based User Fees”.
These are both highly controversial, especially in Texas, but don’t tune out.
Listen to what Marc has to say and then research these options for yourself
before you form an opinion.
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