Congress Urged to Fund Transit to Create Jobs
Thursday, October 30, 2008 5:07 PM
As our economic crisis unfolds, the list of companies slashing their workforce sounds like a death knell.
This month alone, layoffs have been announced at these industry giants: Merck, Yahoo, General Electric, Xerox, Pratt & Whitney, Goldman Sachs, Whirlpool, Bank of America, Alco, Coca-Cola, American Express, Time Inc., Doubleday Publishing.
In the midst of this painful belt-tightening, the transportation industry is urging Congress to pass an economic stimulus legislation package that includes funding public transit to create new jobs.
Yesterday, the American Public Transportation Association (APTA) asked Congress to fund 170 public transit "ready-to-go" projects worth $8 billion. These projects could start within 90 days of receiving federal funding.
APTA Chair Dr. Beverly Scott, general manager and CEO of the Metropolitan Atlanta Rapid Transit Authority (MARTA), testified before the House Committee on Transportation and Infrastructure, pointing out that every $1 communities invest in public transit generates about $6 in economic returns.
"I urge Congress to move forward with an economic stimulus package that recognizes the value of investing in our nation's public transportation infrastructure," said Scott. "These projects will create new economic activity and put thousands of people to work."
Here at METRO, three of the light-rail lines we are building - North, Southeast and University - are dependent on federal funding before we can move forward.
Nationwide, public transit use has mushroomed by 32 percent since 1995 - more than double the nation's population growth rate, according to APTA.
Last year, 10.3 billion trips were taken on U.S. public transit - the highest number of trips taken in half a century.
"Beyond creating jobs, investing in public transit serves other important national goals," said William Millar, APTA president, in a statement. "Public transportation proves more affordable travel options and helps us meet our national goals of energy independence and reduction of carbon dioxide emissions to combat climate change."
Click here to read Scott's testimony to Congress. Click here to read more on how public transportation can help the U.S. achieve energy independence.