Monday, July 05, 2004
Transit Gets 15 Times Highway Funding
Comments:
The amount spent on highway funding is ACTUALLY six times more transit. The National Center for Policy Analysis estimate the amount spent on roads to be 70 billion while transit is billion.
The projections of 15 times is mearly a hypotical estimtate and not what is actually spent.
http://www.ncpa.org/pd/budget/bud9a.html
The projections of 15 times is mearly a hypotical estimtate and not what is actually spent.
http://www.ncpa.org/pd/budget/bud9a.html
1. Truth is exactly as stated. Transit got more than 15 times the highway user fee revenue as highways in 2001. Go to FHWA Highway Statistics for the data. This is highway user revenues per passenger mile... not total costs. There is a difference.
2. The NCPA piece cited is from 1996, and did not include transit capital expenditures.
3. In 2002 total highway expenditures were $135B and total transit was $35B... Thus highways were less than four times transit. Highway passenger volumes were nearly 100 times transit, and of course most of the money for highways cam from fees charged highway users.
-Wendell cox
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2. The NCPA piece cited is from 1996, and did not include transit capital expenditures.
3. In 2002 total highway expenditures were $135B and total transit was $35B... Thus highways were less than four times transit. Highway passenger volumes were nearly 100 times transit, and of course most of the money for highways cam from fees charged highway users.
-Wendell cox
