Road to Recovery: Transforming America’s Transportation
Former PA Governor and Secretary of Homeland Security Tom Ridge, Sen. Bill Bradley, and U.S. Comptroller General David Walker teamed up with the Carnegie Endowment for International Peace to produce a report on the state and direction of our nation’s transportation program. Their report, Road to Recovery: Transforming America’s Transportation, highlights many problems with the U.S. transportation sector, and focuses on the state of our infrastructure and the program’s insolvency.
The report suggests three solutions as indicated by the initiative’s summarizing tagline: “Cut for efficiency, Invest for growth, and Price for solvency.” The first solution calls for banning transportation earmarks that are not subject to proper oversight and often result in wasted spending. The second recommendation calls for a National Infrastructure Bank to be led by an independent board of directors to invest in national projects. Lastly, the report calls for an Oil security and Price Stabilization fee which would maneuver oil taxes in way that acts countercyclical to volatile gas prices, thus relieving some of the pain at the pump.
Read the Fact Sheet
Related recent Blogs
- Quote Of The Day: "It's time the administration stiffened its spine" on trade issues • by mmcmullan • 04/22/2014
- Foxx takes to the road to push for transportation fixes • by mmcmullan • 04/17/2014
- Obama vs. Bush: Who actually made more progress in revaluing China’s yuan? • by scapozzola • 04/16/2014
- Treasury decision on China currency will cost U.S. jobs: Alliance for American Manufacturing (AAM) Statement. • by scapozzola • 04/15/2014
- OPINION: Fix the vulnerable defense industrial base • by mmcmullan • 04/14/2014
- Manufacturing Jobs & #EqualPay • by LRaup • 04/11/2014
- Rep. Sandy Levin talks currency and the TPP • by mmcmullan • 04/10/2014
- Throwback Thursday: Obama promises 1 million new manufacturing jobs • by TGarland • 04/10/2014
- What can we expect from the upcoming Treasury report on exchange rates? • by mmcmullan • 04/08/2014
- Rep. Tonko brings filmmakers to Washington to talk American manufacturing • by TGarland • 04/08/2014