Approaches to Making Federal Highway Spending More Productive

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Our Price: $20.00

By Keith Hall (au)
Year: 2015
Pages: 40
Binding Paperback
ISBN 978-1-4578-7231-0

Product Code: 1457872315

Description

Federal spending on highways (or roads) totaled $46 billion in 2014, roughly a quarter of total public spending on highways. About 95% 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 need to make each dollar spent on federal highway programs more productive economically: (1) Gasoline tax revenues dedicated to the Highway Trust Fund have been insufficient to pay for federal spending on highways; (2) Total federal spending on highways buys less now than at any time since the early 1990s. This report discusses ways that the Congress could consider which would make highway spending more productive. Figures. This is a print on demand report.

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