'Paint is Cheaper than Rails:' Why Congress Should Abolish New Starts
20 Pages Posted: 21 Jun 2013
Date Written: June 19, 2013
Abstract
This paper will show that New Starts has effectively given transit agencies incentives to select the costliest, rather than the most cost-effective, alternative to any transit problem. This usually means building new rail transit lines, but can also mean building exclusive bus lanes for bus rapid transit.
Keywords: U.S. transportation policy, environmental benefits of new starts, economic benefits
JEL Classification: H23, O13, Q58, R42, R48
Suggested Citation: Suggested Citation
O'Toole, Randal, 'Paint is Cheaper than Rails:' Why Congress Should Abolish New Starts (June 19, 2013). Cato Institute Policy Analysis No. 727, Available at SSRN: https://ssrn.com/abstract=2282743
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