March 28, 2008


Sen. Kit Bond (R-MO) called the Administration’s [2009 budget] request a “dismal budget picture for all modes of transportation.” On the proposal to “borrow” $3.2 billion from the Transit Trust Fund to fill a gap in the soon-to-be-insolvent Highway Trust Fund, he likened it to “taking a bandage off of a bleeding wound to put on another bleeding wound.”

NARP elsewhere says:

There is no proposal for repaying the transit account.

NARP is partisan, but a $3.2 billion dollar transfer is independently checkable and not nugatory. Roads pay for themselves? Hm.

National Association of Railroad Passengers newsletter

Posted by clew at 01:37 PM
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