The issue to watch is the funding for highway and other transportation projects? In my last post, I mentioned an article about the Transportation Secretary Anthony Foxx basically saying that transportation projects are running out of money.
Well, in yesterday’s Washington Post Fed Page there was an article entitled “Congress faces difficult highway funding choices” by Ashley Halsey III. Oh no, here we go again. Congress has to somehow come up with funding for the maintenance and construction of our nation’s roads, bridges, highways, transit systems….
Check out this graphic from the Federal Highway Administration on highway and transit funding – http://www.dot.gov/highway-trust-fund-ticker. We have a problem. No one likes potholes. Everyone wants bridges to be maintained and safe. Lots of us even like and need our local trains and buses.
Also check out this letter from the Secretary of Transportation – http://www.dot.gov/grow-america/htf-letter-to-state-dots. What happens when the money runs out?
Remember what happened in 2010? http://www.aashtojournal.org/Pages/022610authorization.aspx. In March of 2010, 2,000 federal workers were furloughed. I remember this one because I was one of those workers.
Now as a retired civil servant, I understand that furloughs are no joke. I hope you understand this as well. We just went through one of these just last year. Do we really want to go through this again?