Welcome!

Python Authors: Pat Romanski, Matt Davis, AppDynamics Blog, Donald Meyer, Liz McMillan

News Feed Item

Pew Unveils Comprehensive, Aggregated Data on Subsidies in the Transportation Sector

WASHINGTON, Sept. 28 /PRNewswire-USNewswire/ -- More than half of federal transportation spending in fiscal year (FY) 2008 was directed to programs that contain subsidies, according to Subsidyscope, an initiative of Pew's Economic Policy Group. The analysis comes from a new comprehensive online database on all spending on subsidy programs in the transportation sector.

The project collected and aggregated data from USAspending.gov and other sources and built a searchable database of federal transportation spending; users can query by grant recipient, state, government program and many other parameters. The database includes information from 2000-2008.

"Federal transportation subsidies cost taxpayers tens of billions of dollars each year and are surprisingly hard to uncover," said Subsidyscope project director Marcus Peacock. "At a time when lawmakers are concerned about the growing budget deficit, this information will help leaders make informed choices and set spending priorities."

In addition to creating the public database, Subsidyscope has produced several analyses of the sector. Some of the findings include:

--- More than $45 billion of federal transportation spending in FY2008 was directed to programs that contain subsidies, an increase of around 20 percent since FY2000. The types of subsidies can be broken down into four categories: direct expenditures; tax expenditures; risk transfers; and contracts. Comparing direct expenditures by transportation mode, in FY2008, $30 billion was spent on highways, nearly $9 billion on mass transit, nearly $3 billion on aviation, $1 billion on rail, $387 million on maritime and $126 million was spent on other programs such as pipelines and recreational trails. Spending on tax expenditures and risk transfers totaled less than $4 billion.

--- From fiscal years 2000 through 2008, California received the most transportation funding of any state - more than $38 billion. Vermont received the least, $1.5 billion. However, California received the least transportation aid per resident -- $1,038. Alaska received the most money per capita, $8,183, almost eight times higher than California.

--- The biggest transportation tax break is to employees for parking costs. In fiscal year 1998 the government lost an estimated $1.5 billion in revenue through this benefit. By fiscal year 2008, the number almost doubled to nearly $3 billion. By fiscal year 2014, it's expected to reach almost $4 billion.

Over the next several months, Subsidyscope will release spending and subsidy information on additional transportation-related programs, many of which have received little public scrutiny.

Please visit www.subsidyscope.org for access to all available databases as well as further information on federal subsidies.

Subsidyscope is an initiative of Pew's Economic Policy Group. The project aggregates information on federal subsidies from multiple sources and offers a comprehensive, searchable, open-source database of direct expenditures, which serves as a gateway for press, policymakers, advocates and the public. The project is guided by a broad and bipartisan advisory board of budget, fiscal and transparency experts and is assisted by its technology partner, the Sunlight Foundation.

The Pew Charitable Trusts (www.pewtrusts.org) is driven by the power of knowledge to solve today's most challenging problems. Pew applies a rigorous, analytical approach to improve public policy, inform the public and stimulate civic life. We partner with a diverse range of donors, public and private organizations and concerned citizens who share our commitment to fact-based solutions and goal-driven investments to improve society.

SOURCE Pew Charitable Trusts

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...