
State and Local Issues | |
Highway Choice Beats Congestion |
Traffic congestion on freeways at rush hour is not only a headache, it is an expensive nuisance. But some cities are experimenting with a pricing system to allocate scarce space. Tolls are imposed at peak traffic times, speeding home commuters who don't mind paying an extra fee for the convenience. Highways around Washington, D.C., do not use a peak-pricing system and the result is big traffic jams. The city's subway system does charge extra for rush-hour travel and some analysts think highway authorities would do well to adopt a similar system. The danger, some observers point out, is that toll fees will be looked upon by government authorities as an additional source of revenue. They should be used instead to reduce and replace some highway taxes. Source: Perspective, "Freeways or Feeways?" Investor's Business Daily, April 17, 1998. |
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