11/28/2007

TEXAS TOLL ROADS NEED CORPORATE WELFARE TO WORK

Subsidizing Toll Roads

by Patrick Driscoll, San Antonio Express


Something that might not get enough attention in the toll-road debate is the matter of public subsidies, so let's take a look.

Texas Department of Transportation officials knew years ago that most toll roads wouldn't be able to pay for themselves. To put it in DOT-speak, "Few projects are 100 percent toll viable." To put it in taxpayer terms, public money on top of toll fees is needed to help pay for most of them.

Read the rest of the article HERE.

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