Easing the Traffic Jam through Congestion Pricing
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.
Brookings’ Hamilton Project and Metropolitan Policy Program hosted a discussion on the merits and potential barriers to congestion pricing as a tool for combating urban gridlock. Brookings Fellow Robert Puentes provided an overview of the national transportation landscape and David Lewis, senior vice president with HDR Decision Economics, discussed his proposal for a coordinated federal-state policy framework for congestion pricing. A panel of experts discussed the proposal in the context of the current national debate.
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America’s Traffic Congestion Problem: Toward a Framework for Nationwide Reform, by David Lewis
Former Brookings Expert
Aetna Professor of the Practice of Economic Policy - Harvard University
Nonresident Senior Fellow - Peterson Institute for International Economics
Associate Director for Energy and Climate Change
Staff Director, House Committee on Transportation & Infrastructure
Ronald F. Kirby
Director of Transportation Planning, Metropolitan Washington Council of Governments
Senior Fellow - Economic Studies
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