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Surface Transportation: Funding Limitations and Barriers To Cross-Modal Decision Making

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Report Type Reports and Testimonies
Report Date March 31, 1993
Report No. T-RCED-93-25
Subject
Summary:

Decisions on surface transportation investment have become increasingly complex, encompassing the deterioration of the nation's roads, bridges, and transit systems; traffic congestion; air quality; energy efficiency; and mobility for the elderly and disabled. The Intermodal Surface Transportation Efficiency Act of 1991 provided an unprecedented level of funding for transportation needs and gave state and local governments more flexibility in deciding how money should be distributed on highway and transit projects. This testimony focuses on the (1) current fiscal realities that threaten to limit investment opportunities, (2) potential ramifications of authorizing new demonstration projects, (3) use of funding flexibility, and (4) need for improved analytic tools for making intermodal investment choices.

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