Tuesday, April 15, 2014

Bankrupt Highway Trust Fund Could Put Hundreds of Thousands Out of Work

Ouch, this is NOT what our economy needs. U.S. Department of Transportation Secretary Anthony Foxx says if the Highway Trust Fund goes belly-up, 700,000 Americans could soon be out of work. The Trust Fund is expected to run out of funds by August or September of 2014 at the rate it's going. That's because it's dependent on the gas tax, but revenue from the tax is going down because cars are more fuel-efficient than when the tax was passed and more people are using alternatives to driving alone.

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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.