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INFRASTRUCTURES' FOUNDS DEBATE * USA - Northeast governors slam federal transportation policy
The governors of five states in the Northeast said this week that the Bush administration policy to toll and privatize infrastructure does little to solve their transportation problems
Atlantic City, NJ.,USA -Land Line Magazine -August 15, 2008: -- ... The governors of New Jersey, Pennsylvania, Vermont, Connecticut and Delaware spoke about the woes of transportation funding on Monday, Aug. 11, during the Council of State Governments Eastern Regional Conference in Atlantic City, NJ. Topics included the federal and state role in transportation funding along with public-private partnerships... New Jersey Gov. Jon Corzine and Pennsylvania Gov. Ed Rendell have both proposed unpopular plans to lease public infrastructure in their states to investors... Rendell announced in May that a consortium of private businesses from Spain and New York had bid $12.8 billion to lease the Pennsylvania Turnpike for 75 years, but the lease deal stalled in a state legislative committee prior to the summer recess... In 2007, Corzine discussed leasing the New Jersey Turnpike, the Garden State Parkway and the state lottery to private investors, but the idea proved unpopular with state lawmakers... Despite their previous proposals, on Monday both Corzine and Rendell criticized the federal government for shifting the burden of transportation funding to the states, forcing states to come up with unpopular proposals, including leasing infrastructure to investors or increasing tolls...
Labels: infrastructures discussions
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