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Approaching the Edge 

By now, anyone watching the struggles of the political class in Washington, D.C. in dealing with our national government’s deteriorating financial condition has heard pundits warn of the “fiscal cliff” awaiting us at the end of 2012 and into early 2013. The term, used by Federal Reserve Chairman Ben Bernanke, refers to the economic impact of expiring tax cuts, mandatory, across-the-board budget reductions, and another stalemate over raising the national debt limit.

From the Archives: Advocacy Articles from the Previous Issue

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Transportation Reauthorization Needs Long-Term Funding Solution 

The last multi-year transportation reauthorization, known as the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU), was originally passed as a bi-partisan bill in July of 2005. The reauthorization was widely seen at the time as a step in the right direction, though critics claimed that it was woefully underfunded to meet the growing needs of our infrastructure.