The debate over the transportation reauthorization bill brings to the forefront several important issues for the future of transportation, including the role of federal funding for public transit and the implications of changing transportation preferences. Cato Institute senior fellow Randal O’Toole will demonstrate how the “Great Streetcar Conspiracy” sheds light on faults in the New Starts and Small Starts funding process. Sam Staley of the DeVoe Moore Center at Florida State University will discuss market-oriented reforms of the transit industry, and author Alan Pisarski will look at whether there is a significant trend for young people to prefer public transit over driving.
Featuring the author Betty Medsger; with comments by Julian Sanchez, Research fellow, Cato Institute; moderated by Gene Healy, Vice president, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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