Trends in federal and state highway investment
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Trends in federal and state highway investment

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      In response to Congressional request the U.S. General Accounting Office (GAO) reviewed data from Federal Highway Administration 's Highway Statistics for the period from 1982 through 2001, adjusting expenditures to 2001 dollars to (1) identify overall trends in the nation's capital investment in its highway system over the past 20 years, particularly since the enactment of TEA-21 in 1998-and compare the trends in federal spending with the trends in state and local government spending; (2) determine how these trends in highway capital investment compare with the fiscal capacity of both the nation and individual states to fund these programs, particularly since the enactment of TEA-21 in 1998; and (3) provide information on sources of funds used by states for their highway programs. In addition, the GAO also compared expenditures with the nation's gross domestic product (GDP) and the gross state products (GSP) of individual states and interviewed transportation officials in 10 states. Charts, graphs, 73 p.
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