Dear Care For Crash Victims Community Members:
Automotive News reports:
“WASHINGTON — President Obama’s budget proposal for fiscal 2016 would nearly triple funding for the National Highway Traffic Safety Administration division that investigates vehicle safety defects, boosting a budget that had flat-lined for roughly a decade.
The White House proposed allocating $31.3 million to NHTSA’s Office of Defect Investigation, up from around $11 million for the current fiscal year.” Seehttp://www.autonews.com/apps/pbcs.dll/article?AID=/20150202/OEM11/150209979/obama-budget-nearly-triples-funding-for-nhtsa-defect-office
Note: * DOT values a statistical life at $9.4 million in 2015. See https://www.transportation.gov/sites/dot.gov/files/docs/VSL2015_0.pdf
* NHTSA estimated that crashes resulted in $871 Billion in societal harm in 2010. See https://www.careforcrashvictims.com/assets/812013.pdf
Lou
