An article on page 1 of Thursday’s Wall Street Journal describes the financial problems faced by some private infrastructure owners because of reduced demand from the Great Recession. The story features the Foley Beach Express bridge in Alabama built as a toll concession in the early 2000s. The bridge filed for bankruptcy in July after traffic volumes were lower than projections leaving taxpayers on the hook for millions.
A government study that finds a program doesn’t work and proposes to cut it is almost as rare as pigs that fly. But a new Government Accountability Office study on aviation does just that: it proposes chopping the Transportation Security Administration’s SPOT security program because it finds no evidence that it could stop airline terrorists.
Rumors abound that budget negotiators are nearing a possible deal to reverse spending cuts required under the 2011 Budget Control Act (BCA).
My new study on the Transportation Security Administration mainly focuses on the agency’s poor management and performance. The TSA has a near monopoly on security screening at U.S. airports, and monopoly organizations usually end up being bloated, inefficient, and providing low-quality services.
The study proposes contracting out or “privatizing” airport screening, which is the structure of aviation security used successfully in Canada and many European countries.
There’s a joke in Washington that Democrats are the evil party and Republicans are the stupid party. Except this joke isn’t very funny since a lot of bad policy occurs when gullible GOPers get lured into “bipartisan” deals that expand government. Consider, for example, all the tax-hiking budget deals – such as the “read my lips” capitulation of the first President Bush – that enable more spending.
Superconducting magnetic levitation is the “next generation of transportation,” says a new rail advocacy group that calls itself The Northeast Maglev (TNEM). The group’s proposed New York-Washington maglev line has received attention from the Washington Post and Baltimore Sun. TNEM’s claims might have seemed valid 80 years ago, when maglev trains were first conceived, but today maglev is just one more superexpensive technology that can’t compete with what we already have.
At the end of the children’s nursery rhyme, “all the king’s horses and all the king’s men, couldn’t put Humpty Dumpty together again.” That’s the lesson Americans should bear in mind as we witness the implosion of ObamaCare — sometimes, once something is broken, no amount of effort can fix it.
A new GAO report recommends that Congress end the SPOT program, which attempts to catch terrorists by suspicious behaviors they may exhibit at airport checkpoints. The Transportation Security Administration currently spends more than $200 million a year on the Screening of Passengers by Observation Techniques program, even though there has been criticism from the start that there is no solid science behind it.
One story after another emerges about dysfunctional federal programs plagued by waste, fraud, and abuse. The core problem is that the government has grown so large that trying to make it function with efficiency and soundness has become impossible.
House and Senate budget negotiators, led by Rep. Paul Ryan and Sen. Patty Murray, have been meeting to find ways to trim spending and solve the federal budget mess. Many pundits are giving them low odds at agreeing to major reforms.