TEA-21 for two
So Colorado is going to benefit from this new funding formula, which I suppose is good if you're from Colorado, but probably bad if you spend less on roads and more on transit. More information pending...
UPDATE: So is Iowa. Don't you think that it's funny how they never actually explain why the new formula gives these states more money?
EUREKA: From Da Post
Another part of the funding debate is an effort to guarantee that each state receives aid totaling at least 95 percent of the gas taxes its drivers pay, thus minimizing the disparity between "donor" states including Texas, Florida and California and "donee" states in the Northeast and Midwest.
There you go - transit riders don't pay gas taxes, so any effort to get people off roads and on rails would mean less funding. I'd say it was a perverse incentive or an unintended consequence, but I think the people who wrote the bill know what they're doing.
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rj3 | 11:53 AM |
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