U.S. highways, roads, and streets received a little over $65 billion worth of subsidies in 2022, according to data recently released by the Federal Highway Administration. Apportioning these subsidies to passengers and freight, they work out to about 1.0¢ per passenger-mile and 0.7¢ per ton-mile. For comparison, subsidies to transit averaged $2.39 per passenger-mile while subsidies to Amtrak averaged about 40¢ per passenger-mile.
The Key Bridge in Baltimore collapsed yesterday due to being struck by a ship. If this had happened before 2021, it is likely that some lobby groups would have blamed the collapse on poor maintenance. Such claims led Congress to give the Federal Highway Administration an additional $90 billion, to be spent over six years, in the 2021 infrastructure law.
I calculated the highway subsidy numbers from the Federal Highway Administration’s latest edition of Highway Statistics. The agency once published this report as a book but now issues it as a series of spreadsheets. Earlier this month, I reported on spreadsheets showing the volume of traffic carried on the highways, but the financial spreadsheets were not yet available. Now they are. Continue reading
