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{
  "authors": [
    "Bill Bradley",
    "Tom Ridge",
    "David Walker"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
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  "primaryCenter": "Carnegie Endowment for International Peace",
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    "Sustainability, Climate, and Geopolitics"
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Source: Getty

In The Media

What's Lost in the House Budget Cuts

While there are many legitimate disagreements regarding how to cut the U.S. deficit, deep cuts to the national infrastructure is more likely to hurt the country's long-term economic growth.

Link Copied
By Bill Bradley, Tom Ridge, David Walker
Published on Feb 27, 2011

Source: Washington Post

What's Lost in the House Budget CutsWhile there are many legitimate disagreements regarding how to cut the deficit, the continuing resolution the House passed last week goes too far by cutting almost 20 percent in the transportation budget - the largest percentage cut in all domestic discretionary programs. A nation that does not maintain its infrastructure is doomed to economic decline. We look at U.S. spending as a Democrat, a Republican and an independent - and we believe our nation needs to invest more, not less, in infrastructure.

This does not mean that improvements shouldn't be made. At present 80 percent of federal transportation funds are distributed by formula - with no competition and no performance requirements. That must stop. We must make every dollar contribute to transportation performance. All transportation spending should be consolidated into a unified transportation trust fund subject to rigorous, independent cost-benefit analysis.

A better transportation system will enhance our economic and national security and will rebuild public trust in public investments. Many new members of Congress are rightly furious about wasteful spending. By squeezing every ounce of investment gain from our infrastructure dollar we can create a transportation program that both deficit hawks and program reform leaders can get behind.

The authors are the co-chairs of the Leadership Initiative on Transportation Solvency, an initiative created by the Carnegie Endowment for International Peace to develop a non-partisan solution funding a better transportation system in the United States.

About the Authors

Bill Bradley

Tom Ridge

David Walker

Authors

Bill Bradley
Tom Ridge
David Walker
Climate ChangeNorth AmericaUnited States

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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