- $50 billion for 11 high-speed rail corridors
- “Office of Livability” to promote walking and biking
- A National Infrastructure Bank to help finance transportation projects
- More emphasis on reducing carbon emissions
The bill will cost $500 billion and supposedly create or sustain 6 million jobs. Autopia says there is no discussion of where the money will come from, although increasing the gas tax is an option. The current gas tax would only generate $236 billion over the life of the bill. I say they should reexamine LaHood’s idea of a mileage tax.