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Transportation

Amtrak: Throw Money from the Train

Since 1971, the federal government has been subsidizing the for-profit passenger rail system Amtrak. The company received $1.4 billion in 2012, and the House of Representatives increased its appropriation to $1.8 billion for fiscal year (FY) 2013. With a trillion dollar deficit and the national debt at a record $16.2 trillion, federal funding for Amtrak has been targeted by many for elimination.

The American Infrastructure Crisis

During rush hour on August 1st, 2007, the I-35W Mississippi River Bridge collapsed, killing 13 people and injuring 145 more. This disaster triggered widespread talk about America’s crumbling infrastructure, an issue that has been put on the backburner amidst the Great Recession. Annually, the United States spends approximately $200 billion on surface infrastructure, though it is not nearly enough to combat collapsing bridges and congested roads.

Rail Boondoggles Not Limited to High-Speed Projects

It is no secret that many of the Obama Administration’s transportation initiatives have taken taxpayers for a ride. The culprit has been the tens of billions of dollars in funding for high-speed rail projects that the federal government has attempted to force down states’ throats.

Taxpayers Charged Billions to Anoint Green Car Manufacturing Winners

In an effort to alleviate the burden of rising gasoline prices on the economy and reduce vehicle emissions, Congress passed the Energy Independence and Security Act (EISA) in 2007. The legislation ramped up fuel economy standards and encouraged the use of renewable fuels.

California High-Speed Rail: Way Off Track

In November 2008, California voters approved Proposition 1A, a $9.95 billion bond measure to fund part of the state’s share of the proposed high-speed rail line from Anaheim to San Francisco. The bond was approved by a narrow margin of 52.7 percent of the 12.6 million votes. The railway was supposed to be up and running by 2020, and the total cost was estimated by the California High-Speed Rail Authority (CHSRA) at $33 billion. While it was easy to see why some balked at the price estimate, one could also understand its support, at least among potential beneficiaries. After all, taxpayers outside the rail corridor, both in California and across the country, were supposed to pick up $6.8 billion, or one-quarter of the railway’s $27 billion initial segment.

CCAGW Fuming Over FHA Loan Limit Increase


For Immediate Release

Contact:  Leslie Paige  202.467.5334
November 15, 2011

CCAGW Outraged by Fannie/Freddie McMansion Extension


For Immediate Release

Contact:  Leslie Paige  202.467.5334 
November 2, 2011

CCAGW Outraged by Fannie/Freddie McMansion Extension


For Immediate Release

Contact:  Leslie K. Paige    202.467.5334
November 2, 2011

Spending Cut Alert: Senate Transportation, Housing and Urban Development


For Immediate Release

October 20, 2011
Contact:Leslie K. Paige (202) 467-5334

Luke Gelber (202) 467-5318

 


Don’t Get Fooled Again – Auto Bailouts Still Stink

On Tuesday, May 24, 2011, the Democratic National Committee (DNC) unveiled a video that can only be described as the first Obama-for-President advertisement of the 2012 election cycle. The video purports to skewer likely presidential candidates Mitt Romney, Tim Pawlenty, and Newt Gingrich over their opposition to the auto industry bailouts of 2009. Since General Motors (GM) and Chrysler have graciously paid back some of the money that taxpayers were forced to loan to them two years ago, Democrats are seizing this opportunity to try to make critics of the bailouts look bad. In so doing, they ignore the case against bailing out private companies, misleading claims by Chrysler, and the remaining losses that will come from the taxpayers’ investment in GM.

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CAGW Names Rep. John Carter August 2019 Porker of the Month

Rep. Carter is CAGW's Porker of the Month for voting for the Bipartisan Budget Act of 2019, which saddles taxpayers with more spending and debt.