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Setting the Stage for Federal Funding Reform
Editor's commentary
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By Becky Schultz
Editor
Other proposals for transportation funding reform are also receiving some overdue but much-deserved attention. One example is a bipartison bill introduced last summer proposing creation of a National Infrastructure Bank to evaluate and finance projects of "substantial regional and national significance." Another is ARTBA's proposal for a Critical Commerce Corridors (3C) Program to finance the transportation system capacity needed for safe, cost-effective freight transport.
Clearly, the wheels are in motion to promulgate significant federal transportation funding reform, with many legislators jumping on the bandwagon. Of course, only time will tell if all the talk develops into real action, or simply fades away as election year political rhetoric.
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