Georgetown Public Policy Review
Policy Shaping Our Future
By Adrian Ineichen In 2010, the US federal government will run a projected deficit of $1.556tr or about 10.8% of GDP. The total US federal public debt outstanding is currently $12.3tr or 85.3% of our GDP. Excluding federal intragovernmental holdings, but adding US state and local governments’ debt, we still owe $10.3tr or 70.9% of […]
Through recent legislation and reworking funding formulas, President Obama has made a move to promote the investment and development of light rail, speed train and other mass transit initiatives. The legislation has come after long debates surrounding the practicality and cost-effectiveness of these forms of transportation.