No Thank You Governor O'Malley, We've Already Paid Enough!
Last week we shared a chart showing that “transit” spending has increased dramatically while “highway” spending is at the lowest level since 1992.
This chart shows how the Transportation Trust Fund works. Every revenue stream collects into one big pot and then is appropriated.
But are transit revenues keeping up with transit spending?
Highway users generate the lions share of revenues while consuming only 24% of total operating budget.
Transit absorbs 57% of operating budget yet only generates less than 5% of revenue!
The big pot approach to the Transportation Trust fund allows politicians to use motorists and the trucking industry to subsidize Maryland transit that loses money yearly.
When Gov. O’Malley and Annapolis’s politicians ask you to pay a 6% sales tax on gas you’ll know what to say; “No, we’ve already paid enough!”
Revenue from the gas tax is more than enough to pay for highway improvements and projects!