In 2004, both houses of Congress approved separate legislation to reauthorize the federal-aid highway program to help meet the Nation's surface transportation needs, enhance mobility, and promote economic growth. Both bills also recognized that the Nation faces significant transportation challenges in the future, and each established a National Commission to assess future revenue sources for the Highway Trust Fund and to consider the roles of the various levels of government and the private sector in meeting future surface transportation financing needs. This report (1) updates information on trends in federal, state, and local capital investment in highways; (2) assesses the influence that federal-aid highway grants have had on state and local highway spending; (3) discusses the implications of these trends for the federal-aid highway program; and (4) discusses options for the federal-aid highway program.
Federal-Aid Highways: Trends, Effect on State Spending, and Options for Future Program Design
2004
104 pages
Report
Keine Angabe
Englisch
Transportation , Transportation & Traffic Planning , Road Transportation , Management Practice , Highways , Transportation system financing , Federal aid , State government , Local government , Highway transportation , Legislation , Capital investment , Revenue , Federal government , Mobility , Trends , Highway design , Economic growth , Funds , GAO reports
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