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MAP-21 and Transportation’s Fiscal Cliff: What does it all mean?
Posted By Tina Grady Barbaccia On November 15, 2012 @ 11:12 pm In Economics,eRoadPro Newsletter,News & Analysis,The Roadologist | No Comments
The nation’s economy is on a “fiscal cliff.” But how does this affect the U.S. infrastructure system, namely the new highway bill, Moving Ahead for Progress in the 21st Century, or MAP-21 for short?
Jack Schenendorf, a transportation policy veteran who served 25 years on the staff of the House Committee on Transportation and Infrastructure, tells us what it all means with his white paper, “MAP-21 and Transportation’s Fiscal Cliff.”
The paper examines the benefits gained by the transportation community from the passage of MAP-21 and what needs to be done in the coming months to avoid an adverse effect on infrastructure investment in 2013 and 2014.
MAP-21 expires at the end of September 2014 so we need to pay attention to ensure there isn’t a negative impact on infrastructure investment – or
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