Roads' funding left to states
U.S. can no longer pay for interstates, group told
WASHINGTON (Media General News Service) - The message to the civic and business leaders pushing to build Interstates 73 and 74 was clear yesterday: Don’t look to the federal government to pay most of the cost.
The Highway Trust Fund is depleted, and the days of the federal government underwriting 80 percent or 90 percent of the cost of interstate construction are over, federal transportation officials and legislators told the National I-73/74 Corridor Association.
Instead, the six states that want the new interstates from the North Carolina and South Carolina coasts to the Canadian border in Michigan should look for innovative financing plans, including tolls and private-public partnerships.
WASHINGTON (Media General News Service) - The message to the civic and business leaders pushing to build Interstates 73 and 74 was clear yesterday: Don’t look to the federal government to pay most of the cost.
The Highway Trust Fund is depleted, and the days of the federal government underwriting 80 percent or 90 percent of the cost of interstate construction are over, federal transportation officials and legislators told the National I-73/74 Corridor Association.
Instead, the six states that want the new interstates from the North Carolina and South Carolina coasts to the Canadian border in Michigan should look for innovative financing plans, including tolls and private-public partnerships.
posted by BP News Bureau | 12:34 PM
2 Comments:
So, the Interstate Highway System, something for which there is actually constitutional justification, has to take a back seat to all the redistribution handouts and other extra-constitutional nonsense that Congress funds.
How nice for us.
We really are doomed, it's just a matter of when.
To be honest, transportation isn't even a top priority for states. Instead of building two new interstates through NC & SC, they need to maintain what they have now.
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