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We educate and inform citizens, legislators, opinion-makers and the media about Freedom: individual Freedom, economic Freedom and journalistic Freedom. Since 1985, we’ve put ideas into action through groundbreaking legislation, coalition-building, ballot initiatives and investigative reporting. We are dedicated to advancing policy that protects and advances Freedom.
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Read More »Transportation Policy
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Transportation Policy
Highway Fund Uncertainty Leads to Ratings Cut
Citing uncertainties about the health of the federal Highway Trust Fund, Fitch has cut its ratings on state highway bonds in several states from AA- to A+. The bonds being cut are “grant anticipation revenue” or GARVEE bonds, which are supposed to be repaid out of federal grants. In recent years, Congressional overspending of the […]