Tag: infrastructure

Capital and Infrastructure

Introduction In 2017, state government owned nearly 118 million square feet of space across 12,000 buildings worth $25.6 billion. The state budget includes more than $700 million per year to pay the principal and interest on…

$2 Trillion and No One Aboard

By Randal O’Toole Since 1965, when Congress began subsidizing urban transit, taxpayers have spent well over $1.4 trillion on transit. When adjusted for inflation to today’s dollars, that’s more than $2.1 trillion: that’s…