The Cato Institute will publish a new report tomorrow looking at the inequities of federal transit funding. Antiplanner readers can download a preview copy today; many of the results in the paper have previously been reported here.
The Antiplanner has argued for years that federal transit funding was inefficient because it encouraged transit agencies to choose high-cost alternatives in any transit corridor. The new paper shows the results of this inefficiency: transit agencies that have persuaded local politicians to go along with these high-cost alternatives have ended up with as much as eight times more federal transit dollars per transit rider than agencies that settled for low-cost alternatives.
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