• March 3 2009

COMPREHENSIVE TRANSPORTATION REFORM AND FINANCE PLAN

In collaboration with four other groups, the Foundation has put forward a comprehensive transportation reform and finance plan to address the long backlog of transportation investments critical to the Massachusetts economy. The plan encompasses the recommendations of the Transportation Finance Commission, on which the Foundation served, including changes to the MBTA's benefit structure that could save between $1 and $2 billion over the next 20 years. The proposed 25 cent increase in the gas tax would enable the Commonwealth to address the rapidly deteriorating roads and bridges in each section of the state, putting the regional transit authorities and the Western Turnpike, as well as the MBTA, on stronger financial footing, and provide some toll relief to those using the Metro Highway System.