How to Overhaul Federal Funding Plans
Episode description
Washington is mesmerized by discussions of the spending that could be included in the next transportation reauthorization. Observers for more than a year have speculated about dollar amounts, paying little or no attention to the formulas that send federal bucks to the states each year.
Researchers for the non-profit, non-partisan Eno Center for Transportation want Congress to update the way money is spent. The think-tank recently published a report focused on the outdated funding formulas that are used to dole out billions in federal dollars to states annually.
Paul Lewis is Eno’s Vice President of Policy and Finance. He visited the Hard Facts studio this week to discuss the findings, and ideas, included in the report.
Links:
Report: Refreshing the Status Quo: Federal Highway Programs and Funding Distribution