The House Republican transportation bill ends gas tax subsidies of transit and requires that any new rail projects receiving “New Starts” grants meet strict financial tests and not simply be awarded on the basis of some vague concept such as “livability.” In response, Secretary of Livability Ray LaHood says it is vital to keep funding transit out of gas taxes. As an example, he cites the Portland-to-Milwaukie light-rail line, which he says is “an integral part of rebuilding the nation’s economy.”
Really? This 7.3-mile line line is expected to cost $1.5 billion and carry just 9,300 new riders (that is, people who weren’t previously riding the bus) each weekday. Since most people ride round trip, that 4,650 round-trip riders a day. The high cost is enough money to buy each of those new round-trip riders a new Toyota Prius every year for the 30-year life of the project.
This will be the most expensive, and one of the least-used, light-rail lines in Portland. The light-rail will be slower than many of the buses in the corridor–buses that will be cancelled when the rail line opens.