Another Dud Highway Bill from the House
The Daily Signal discusses the new Highway Bill and looks to Marc Scribner for information on the bills expansion of the federal government's role in transportation.
As Competitive Enterprise Institute fellow Marc Scribner points out, the Transportation Infrastructure Finance and Innovation Act program—which is meant to provide loans to finance projects of national significance—is watered down to allow access to projects as small as $10 million, ensuring that “small parochial projects” will now contend for financing against real national needs.