(Carlos Barria/Reuters)Transportation Secretary Elaine Chao this past week raised the prospect that needed infrastructure improvements may be funded to some extent by imposing tolls on more of the nation’s roads and bridges. The concept of granting massive tax credits to lure private infrastructure investment was the centerpiece of President Trump’s campaign promise to raise $1 trillion for roads and bridges. “Public private partnerships are a very important part of a new way of financing our roads and bridges,” she said. There has been strong bipartisan opposition in Congress to imposing tolls on the interstates, beyond those like the New Jersey and Pennsylvania turnpikes that were grandfathered in when they became part of the network. Her staff did not respond when asked repeatedly what percentage of U.S. roadway Chao thought might be tolled and whether more drivers who use interstates might face tolls in the future.
Source: Washington Post March 04, 2017 16:30 UTC