Charlie_mta
Senior Member
- Joined
- Jul 15, 2006
- Messages
- 4,445
- Reaction score
- 6,223
Baker, Legislature at odds on transportation funding
GOV. CHARLIE BAKER and the Legislature are at odds on how much money is needed to fix the state’s ailing transportation infrastructure.
Baker appeared before the Legislature’s Transportation Committee on Tuesday, highlighting a series of major investments his administration has already made and a long list of others he wants to fund with an $18 billion bond bill. More than $10 billion would go for roads and bridges, $5.7 billion to the MBTA, $50 million to address transportation bottlenecks across the state, and $50 million for tax credits to promote telecommuting.
“I think it’s important to stress here, this capital plan, and the massive growth in activity it entails, can be completely executed with the funding that is currently available,” Baker told the lawmakers. “I know this is counterintuitive to argue at a bond bill hearing, but funding is actually the easiest part of the critical paths we face.”
Straus and Boncore appear to be in sync, and they say the leaders of their two chambers are also on the same page when it comes to the need for additional transportation revenues, which would leave Baker as the odd man out. Straus is working with two other members of Speaker Robert DeLeo’s leadership team on a transportation bill the House is expected to take up before the branches recess for this year.
Both Straus and Boncore appear to be leaning toward an increase in the gas tax, and possibly other revenue-raising measures as well. Both are wary of waiting for the revenue from the carbon fee on automobile fuels.
As big as Baker’s bond bill is, it doesn’t include funding sources for a number of projects and initiatives. Initial seed money is available for such projects as connecting the Red and Blue lines and overhauling the commuter rail system, but long-term funding hasn’t been identified.
That's a poor way to judge a statewide transportation billNsrl/electrification or gtfo...
That's a poor way to judge a statewide transportation bill
It is the single project that would, however, directly effect the majority of citizens in the state.
Maintaining our current infrastructure is the most important we can do infrastructure wise. Failing to back an effort to do so because it doesn't meet all our purity tests does not do anything helpful.
This is a big deal.... but I agree $20 Billion ATLEAST for the MBTA. The roads are desperate as MA is ranked #44 for Infrastructure. Its getting worse and you know its bad when NJ and NY have better infra. than us.
Wanting to simply do maintenance if nothing else is fine if our standard is mediocrity at best. We should have a higher bar than that, regardless of the governor's need to be seen as Mr. Fiscal Responsibility.
The inability of our government to spend money on transportation isn't about economics, it's about politics. We choose not to spend it in that fashion, but we could easily redirect resources with the political will behind doing so. The war in Afghanistan could have paid for hundreds of Big Dig level infrastructure projects, just as an example.The federal government isn’t broke until the price of treasury bonds increases untenably. The interest rate on T-Bills remains quite low, meaning the cost of US debt is quite low. Granted, it could all come crashing down if we make some bad political choices (debt ceiling related). Right now our debt los is problematic and concerning, but it’s not wrecking our functionality because it’s still considered safe by the global economy.
While this is true, I think we also need to consider that employers are probably using more metrics in their analysis than whether or not the city is congested. A lot of people find the congestion in Boston an acceptable trade-off for the manifest benefits of being here. That goes for both employees and employers. Boston is also somewhat unique due to the significant influence wielded by our academic institutions. Harvard, BU, MIT, these places aren't going anywhere, and the extent to which it benefits an industry to co-locate with leading academic research centers, we'll always have a strong and vibrant economy. We'll also figure out how to fix congestion eventually. We know some of the tools now, we haven't yet figured out the political part.Employers will stay for a while nk matter how bad it gets because of their sunk cost. Saying that “Boston will be fine“ because employers aren’t leaving is a non sequitur. If people are unable to get around our increasingly clogged metro area that translates into billions of lost economic activity. As gridlock worsens, that loss worsens. Eventually it will damage Boston’s ability to grow.
While this is true, I think we also need to consider that employers are probably using more metrics in their analysis than whether or not the city is congested. A lot of people find the congestion in Boston an acceptable trade-off for the manifest benefits of being here. That goes for both employees and employers. Boston is also somewhat unique due to the significant influence wielded by our academic institutions. Harvard, BU, MIT, these places aren't going anywhere, and the extent to which it benefits an industry to co-locate with leading academic research centers, we'll always have a strong and vibrant economy. We'll also figure out how to fix congestion eventually. We know some of the tools now, we haven't yet figured out the political part.