Will 2010 Be the Year of Transportation Reform?
Rep. Jim Oberstar hopes so. And US Transportation Secretary Ray LaHood expects it to be the case.
The Hill reported last week that Rep. Oberstar is pressing President Obama to back his transportation funding bill, though the White House has yet to take an official position on said bill. Thus far, the bill is encountering the same block that it came up against in 2009 – uncertainty over the funding stream. The last bills were funded by the Federal Highway Trust (FHT) Fund, which is running the risk of running low in upcoming years, as more Americans are cutting back on driving (revenue from the gas tax goes to the FHT Fund).
Providing the administration’s stance, Sec. LaHood stated that the White House would like to see a comprehensive transportation bill passed by the end of 2010, but admitted that the costs of such a bill are a significant worry. Nevertheless, the administration will continue working with Congress in the upcoming months, with the hope of arriving at some sort of solution to the funding problem.
What are your suggestions for where the funding should come from?