Under New Bill, America’s Transpo Loan Program Ignores National Goals

In the highly polarized and antagonistic transportation bill negotiations, dragged out over the course of almost a year, there was one thing that Democrats and Republicans could agree on: vastly expanding the TIFIA loan program. The Transportation Infrastructure Finance and Innovation Act (TIFIA) program has, since 1998, provided federal credit assistance at favorable interest rates [...]

Source: http://dc.streetsblog.org/2012/07/03/americas-transpo-loan-program-to-reward-punctuality-not-innovation/

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