Infrastructure - Transpo

Principles for the 2020 Surface Transportation Reauthorization

By Randal O'Toole,
from CATO Institute - Policy Analysis,

America’s surface transportation infrastructure needs significant improvements and rehabilitation, yet Congress is uncertain about how to do this. Some want to significantly increase federal spending on infrastructure. Others want to end deficit financing of transportation and end federal restrictions that reduce the efficiency and effectiveness of the funds that are spent. To resolve this conundrum, this paper presents three principles that Congress should apply to a new surface transportation funding bill. These principles are pay-as-you-go, user fees, and subsidiarity.

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