‘Paint Is Cheaper Than Rails’: Why Congress Should Abolish New Starts
The New Starts program, created by Congress in 1991, “is the federal government’s primary financial resource for supporting locally-planned, implemented, and operated transit ‘guideway’ capital investments.” In a new paper, Cato scholar Randal O’Toole shows that New Starts has effectively given transit agencies incentives to select the costliest, rather than the most cost-effective, alternative to any transit problem, and argues that the program should be abolished.
- “‘Paint Is Cheaper Than Rails’: Why Congress Should Abolish New Starts,” by Randal O’Toole



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