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Saturday May 17, 2008

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Past Event

A Hamilton Project/Metropolitan Policy Program Discussion

Easing the Traffic Jam through Congestion Pricing

Transportation, Infrastructure, Traffic, Cities, Highways

Event Summary

Public investments in our nation’s infrastructure have been an important aspect of our American heritage. As a result, many citizens view it as their right to travel freely on the country’s roads and bridges. But urban traffic congestion is taking a significant economic toll on commuters, with the Texas Transportation Institute estimating in 2005 that the average peak-period motorist spends an extra 38 hours of travel time and consumes an additional 26 gallons of fuel annually. The result is an estimated cost to these urban commuters of approximately $710 per year.

Event Information

When

Tuesday, April 01, 2008

Where

Saul/Zilkha Room
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Directions

Event Materials

Contact: Brookings Office of Communications

E-mail: events@brookings.edu

Phone: 202.797.6105

Brookings’ Hamilton Project and Metropolitan Policy Program host a discussion on the merits and potential barriers to congestion pricing as a tool for combating urban gridlock. Brookings Fellow Robert Puentes will provide an overview of the national transportation landscape and David Lewis, senior vice president with HDR Decision Economics, will discuss his proposal for a coordinated federal-state policy framework for congestion pricing. A panel of experts will discuss the proposal in the context of the current national debate.

Event Materials:

Listen to the full event » (mp3)

America’s Traffic Congestion Problem: Toward a Framework for Nationwide Reform, by David Lewis

Transcript

ROBERT PUENTES: There’s rising concern about the growing gap between wages and the cost of daily living for a large portion of the American workforce. Issues around the subprime prices are just making this worse, but transportation and housing are the largest shares of household budgets and the tradeoff between those two has profound effects on how metropolitan areas grow and develop and makes issues like raising the gas tax, which is on the table right now, politically challenging.

Participants

Welcome

Jason Furman

Senior Fellow, Economic Studies

Presentation

David Lewis

Senior Vice President, HDR Decision Economics, Inc.

Roundtable Participants

Jason Bordoff

Moderator, The Hamilton Project

David Heymsfeld

Staff Director, House Committee on Transportation & Infrastructure

Ronald F. Kirby

Director of Transportation Planning, Metropolitan Washington Council of Governments

Clifford Winston

Senior Fellow, Economic Studies

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