The president today announced his nomination of Mary Peters, head of the Federal Highway Administration from 2001-2005, to take over as Secretary of Transportation. Peters will replace Norman Mineta, the lone Democrat in Bush's cabinet, who resigned in July.
Peters' claim to fame at FHWA was the expansion of the roll of the public sector in developing transportation infrastructure. As the Associated Press reported,
Peters is an advocate of user fees, or tolls, for building
new highways. In a recent interview, she said that the
federal highway program will run out of money by
decade's end without substantial changes and, rather
than raise taxes, some states are turning to toll roads
already to fill gaps.
"You just can't depend on the federal government to
bring the money in that was around when the interstate
system was first built," Peters said.
Well first off, that is the first time I have publicly seen an administration official admit that gas taxes are inadequate. Secondly, while Mary Peters and the Toll Road Revolution (how's that for a band name...) did some interesting things with transportation funding, tolling and private investment are not a panacea for the congestion and pollution problems that have been looming over this country for years.
While it is important for drivers to pay for the full cost of their auto use, it would be dangerous for highways to become the chic new investment for Wall Street (or Brussels, considering recent trends) corporations looking to capitalize on newly available infrastructure assets. A new road or transit system should only be build where there is a need, not where ever a profit can be made.
To build solely for profit would lead to all kinds of tricky issues with induced traffic, driver access, planning and zoning, equitable funding of other modes, and probably a few others I am forgetting.
Finally, Peters is an asphalt gal, through and through. The Federal Transit Administration has gotten short shrift over the years, and that needs to change. It will be up to James Simpson, as the new head of the Federal Transit, to make sure that other modes of transportation more efficient and cleaner than cars are seeing an increasing share of U.S. gas tax dollars.