Type
Policy and Regulations
Author
Unknown
Organization
transact
Published in
2004
Submitted by
Contributor
Related theme(s)
Social Development
Region
All Regions
Country
International

Setting the Record Straight

With renewal of the nation’s surface
transportation law (TEA-21) targeted as a top
legislative priority for early 2004,
much of the public debate has
focused on the bill’s job creation
potential. Greater investment in
the nation’s transportation
facilities as a way to stimulate
job growth has captured the
attention of many policy-makers
who express concerns about a
jobless economic recovery and
the need for larger public capital
commitments to accelerate
employment growth. Though the surface
transportation bill covers a broad range of
transportation needs, most of the discussion has
centered on the benefits of building new
highways. This decoder confirms that public
transportation investments and fixing existing
bridges and roads can create more jobs per
dollar invested, while yielding other benefits such
as promoting more transportation choice and
even reducing taxpayers’ future tax liabilities by
making sure the infrastructure we’ve already
paid for stays in good repair.

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