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Senate Passes Bill Penalizing Private Highway Investment

scott
edited March 2012 in Off-Topic
I guess the government doesn't want widespread nat gas use or investment in infrastructure.

http://www.bloomberg.com/news/2012-03-13/senate-approves-measure-to-discourage-u-s-road-privatization.html

"Tolls Backed
Indiana, Illinois and Colorado are the three states directly affected by the amendment, according to Bingaman’s office. States without private roads would get more U.S. highway money.
Indiana in 2006 leased its turnpike for 75 years to Cintra, a unit of Madrid-based Ferrovial SA (FER), and Sydney-based Macquarie Infrastructure, in the largest U.S. public-private road lease deal to date."

"Lawmakers and Obama are looking to companies and investors to help pay for toll roads and other projects as the Highway Trust Fund, which pays for infrastructure from U.S. fuel taxes, faces insolvency as soon as October."

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