Congress has agreed to pass a new transportation bill.
After applying Band-Aid after Band-Aid to our hemorrhaging transportation situation, Congress passed a 5-year $305 billion federal transportation bill.
The bill will focus on alleviating a lot of the highway bottlenecks drivers in populated areas encounter and to repair a national bridge and some infrastructure that might very well collaps.
Also of note is the gas tax was not raised. This is good. We should never raise a tax because we haven’t in a while, which is what some of our leaders’ rationale is.
Of course, with all things governmental these days, the bill is a good news bad news deal.
The fact that it passed and some things will be repaired is the good.
Now for the bad.
The money allotted for infrastructure repair is woefully short of what we really need. The cost of repairing all our infrastructure is at least $3.6 trillion. Congress only passed a $305 billion dollar bill. And of course, not all of that is allotted for infrastructure repair.
Moreover, the 1,300-page bill promises lots of money to organizations that were a) shorted on their budget requests—NHTSA is getting $1 billion dollars for safety programs, but they asked for more and b) that our government doesn’t have—we don’t have $305 billion.
So basically, we are supposed to be excited that our government floated a check to repair our roads. We might want to wait to cash it.
I hate to be the naysayer. I could say this is a step in the right direction. I mean hey, it is something, after all. Really it is. I mean that as in it sure is something that our government cooperated in spending money it doesn’t have that isn’t nearly enough to cover this country’s transportation and infrastructure needs.
I’m starting to wonder if this is an Emperor’s New Clothes kind of situation. Going into an election year our elected representatives want to keep their jobs so they passed a law to point to. Am I imagining this?
But what do you think? Is this a case of something is better than nothing?
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