Dashing Dreams for 'High-Speed' Rail
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 12 November 2010
⏱️ 8 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Friday, November 11, 2010. |
| 0:06.0 | I'm Caleb Brown. |
| 0:07.0 | Transportation will be a big issue in 2011 in Congress, |
| 0:10.0 | as a GOP controlled house takes up the issue what's on the table what's |
| 0:14.4 | off the table will Congress shrink or devolve any federal transportation |
| 0:18.7 | spending. Cato Institute Senior Fellow Randall O'Toole, author of the Cato book Gridlock, discusses some of what we can expect next year. |
| 0:27.0 | A newly invigorated majority is coming into the house. |
| 0:30.0 | It's a GOP majority. They have hammered away on spending. How does this affect transportation funding? |
| 0:38.0 | Well, it just so happens that in 2011 Congress is going to take up transportation spending for the next six years. |
| 0:46.0 | They passed a bill for every six years to authorize spending, and the bills for the past in the last four times have all had huge increases in spending. |
| 0:58.0 | They've had huge increases in subsidies to transit and particularly rail transit. And so the question is, is this |
| 1:06.9 | Congress going to follow that course and squeeze funding for highways and it's highway user fees that are paying for all this |
| 1:15.7 | and spending more on transit or is this Congress going to switch course and dedicate user fees |
| 1:22.2 | to the forms of transportation that are collecting those uses, |
| 1:25.4 | which means transit fairs should pay for transit and highway user fees would pay for highways. |
| 1:30.5 | So the amazing thing is, although Republicans are taking over the House, the Chairman of the House |
| 1:37.9 | Transportation Committee has a history of supporting diverting highway user fees for rail transit. |
| 1:45.0 | Commuter rail, light rail in Tampa, light rail in Orlando. |
| 1:48.8 | This is Representative John Micah from Florida. |
| 1:51.7 | He also has been a big supporter of high-speed rail in Florida. But he seems |
| 1:57.5 | to be backtracking. He's now saying he's against earmarking. He's now saying he's against airmarking. He's now saying he's against he's not certain that |
| 2:06.0 | high-speed rail it really makes sense in Florida anymore and maybe we ought to stay |
... |
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