WASHINGTON – U.S. Senators Jeff Bingaman (D-NM) and Charles Grassley (R-IA) today introduced two bills to eliminate expensive federal subsidies that now flow to privatized highways.
Several state and local governments have already leased to private companies existing highways, including the Chicago Skyway and Indiana Toll Road, which were leased to private operators for 99 and 75 years, respectively. When a state or city leases a highway, it receives significant compensation, but taxpayers almost always end up paying higher tolls to the private operator.
S 885 Transportation Access for All Americans Act
http://www.opencongress.org/bill/111-s885/text
S 884 Transportation Equity for All Americans Act
http://www.opencongress.org/bill/111-s884/text:
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Posted in Toll Roads, US & National Issues | No Comments »
March 31st, 2008 . by admin
Officials with the Spanish toll road operator Cintra have announced that the company has secured $430 million in loans from the U.S. government to build and operate two segments of a toll road in central Texas.
read more | digg story
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Posted in NAFTA, North American Union, Political Corruption, Security & Prosperity Perimeter, Toll Roads, US & National Issues | No Comments »
December 12th, 2007 . by admin
For those in denial about the NAFTA superhighway and the North American Union, add this bit proof to the pudding. The route will link south Texas and northeast Texas and will ultimately become part of an interstate corridor extending from the Canadian border at Port Huron, Michigan to the Texas/Mexico border. It’s also led by Cintra.
read more | digg story
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Posted in Eminent Domain, North American Union, Political Corruption, Security & Prosperity Perimeter, Toll Roads, US & National Issues | No Comments »
November 26th, 2007 . by admin
Rather than reducing state spending and misuse of funds the state of Florida is considering following states like Indiana and leasing their highways to private firms, not excluding foreign corporations. A potential for poor service and higher costs awaits the Florida taxpayer, where they only have one “freeway”.
read more | digg story
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Posted in North American Union, Security & Prosperity Perimeter, Toll Roads, US & National Issues | No Comments »
November 26th, 2007 . by admin
Sally Baptiste, a Central Florida resident who’s studied the Florida Toll Roads situation for 6 years, will be on America In Danger tonight with Robert and Chris to discuss how toll roads are a scam on the people.
Visit her site to learn more: http://www.tollscreategridlock.org
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Posted in Political Corruption, Taxes, Toll Roads | No Comments »