Abstract
The transportation enterprise in the United States relies heavily on federal funding of highways, transit, and airports. Consideration of changes in federal funding policies over the past decade or so, and the effects of those policies, suggests that the way programs are financially structured can be critically important. The present analysis leads to recommendations concerning the selection of the federal matching ratio, tradeoffs between categorical and block programs, and the use of formula or discretionary allocations. It highlights the importance of ascertaining programmatic intent in establishing funding policies, as well as the need for sensitivity to the fiscal climate.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
