New Incentives from Federal Transportation Funding

Capitol Hill Briefing
March 27, 2015
12:00PM to 1:40PM EDT
B-369 Rayburn House Office Building
Featuring Randal O’Toole, Senior Fellow, Cato Institute; Baruch Feigenbaum, Transportation Policy Analyst, Reason Foundation; and Marc Scribner, Research Fellow, Competitive Enterprise Institute; moderated by Peter Russo, Director, Congressional Affairs, Cato Institute.

The law authorizing federal highway and transit programs expires on May 31, and Congress is currently debating where the money will come from for a new transportation bill and where it should be spent. But a third question is even more important: what are the incentives created by federal transportation spending and how can they be improved to provide Americans with faster, cleaner, and safer transportation? Randal O’Toole will describe the perverse incentives that currently govern federal transit programs; Baruch Feigenbaum will discuss federal policies that make infrastructure unnecessarily expensive; and Marc Scribner will explore other incentives created by federal regulation and ask, “Is there a future for federal transportation policy?”