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DEBATE. Private Toll Roads * USA - Goldman, Macquarie Face Fight in Congress on
USA -Bloomberg, by Angela Greiling Keane & Jonathan D. Salant -June 11, 2007: -- The trucking industry and congressional Democrats are trying to put the brakes on state efforts to lease toll roads to Macquarie Bank Ltd., Goldman Sachs Group Inc. and other private investors. .. Urged on by truckers such as U.S. Xpress Enterprises Ltd., House Democrats are considering withholding highway funds from states whose leases with companies fail to meet proposed federal standards. Critics of leasing say private investors are more likely to raise tolls than government authorities are. Private investors would also find it easier to fire toll collectors and other employees... New federal restrictions could make investments in the $1.7 trillion of public roadways less attractive to private interests... (Photo: Flickr: Long open road) Labels: tolls roads debate
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