The Privatized City Where Everything Is Tolled
Marc Scribner is quoted by Fast Company Co.Design on potential problems with a new infrastructure investment plan:
"The most extreme thing Congress could do legally is mandate that interstate segments be converted to toll roads when they are reconstructed," says Marc Scribner, research fellow at the Competitive Enterprise Institute. "However, they couldn’t force the states to engage in long-term concessions with private investors." In other words, the federal government can't make states accommodate private businesses that want to toll state roads for years or decades. And without such a guaranteed revenue stream, no private investor would fund a major highway.
Read the full article at Fast Company Co.Design.