'Paint is Cheaper than Rails:' Why Congress Should Abolish New Starts

20 Pages Posted: 21 Jun 2013

Date Written: June 19, 2013

Abstract

This paper will show that New Starts has effectively given transit agencies incentives to select the costliest, rather than the most cost-effective, alternative to any transit problem. This usually means building new rail transit lines, but can also mean building exclusive bus lanes for bus rapid transit.

Keywords: U.S. transportation policy, environmental benefits of new starts, economic benefits

JEL Classification: H23, O13, Q58, R42, R48

Suggested Citation

O'Toole, Randal, 'Paint is Cheaper than Rails:' Why Congress Should Abolish New Starts (June 19, 2013). Cato Institute Policy Analysis No. 727, Available at SSRN: https://ssrn.com/abstract=2282743

Randal O'Toole (Contact Author)

Cato Institute ( email )

1000 Massachusetts Avenue, N.W.
Washington, DC 20001-5403
United States

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