Reason Foundation

Reason Foundation

The Slow Death of Federal Highway Funding

Samuel Staley
February 14, 2011, 5:55pm

Here are a few quick bullets from the Obama Administration's Fiscal Year 2012 Budget Highlights released on Monday:

Of course, FY 2012 includes a lot of "one-time" spending that is focused on stimulating the economy. The surface transportation budget falls from $112.5 billion in FY 2012 to $76.5 billion in FY 2017. The budget never really recovers.

That makes the shift in transportation funding priorities all that much more stark. Transit, passenger rail, and livable communities initiatives get just 30.5% of the total funding in FY 2012 and increases to 38.9% in FY 2017.

Samuel Staley is Research Fellow

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