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.