Era of Constrained Resources
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Abstract
As the nation entered the second decade of the twenty-first century; the economy was in a slow growth mode. The nation’s GDP growth was low, unemployment was stubbornly high and the national debt had reached crisis proportions. In this environment adequate funding for transportation projects was difficult to obtain. The Congress enacted ten extensions to the SAFETEA-LU legislation because they could not reach agreement on the scale and composition of the next surface transportation bill and had no idea how to pay for the nation’s transportation programs.
Keywords
Travel Demand Intelligent Transportation System Transportation Plan Surface Transportation Regional Transportation
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