Tag Archives: P3s
Trump Plan to Lift Ban on Tolling Existing Interstates Met with Stiff Opposition
Tolls have been and will remain wildly unpopular with ordinary citizens imposing a political cost at election time. The crony capitalist Wall Street wing of the Republican Party seems to be winning over the president in lieu of his Main … Continue reading
Will Highways Become Obsolete?
Technology’s rapidly changing landscape will transform the way we travel in the next decade, much less the next half century. Sure as the sun rises, private innovators like Elon Musk will ensure outmoded travel will be obsolete in the near … Continue reading
Trump Pulls the Plug on Private Toll Roads, Centerpiece of Infrastructure Plan
Trump’s reversal on public-private partnerships (P3s) came suddenly to most folks, even inside the beltway, given that Transportation Secretary Elaine Chao was still pushing tax incentives to attract private investment as the core of the Trump infrastructure plan as of … Continue reading
Libertarians Can’t Leave Their Love of Toll Roads
It is bewildering that so many on the right, particularly normally fiscally prudent libertarians, continue to advocate for toll roads. In fact, some are even criticizing conservatives who oppose them. Terri Hall, founder of the group TURF (Texans United for Reform and Freedom), found herself under fire by a libertarian magazine in August. Reason’s Robert Poole wrote an article labeling Hall and those who oppose toll roads as “right-wing populists.” He was worried that Hall has been effective ginning up opposition to toll roads, both in her home state of Texas as well as influencing a prominent article that recently ran in The Weekly Standard.
Proposed Blacklands Tollway Near Dallas, Texas Fuels Public Distrust
The people have spoken and their will is clear – they do NOT want the proposed private Blackland Tollway-Northeast Gateway Corridor through Rockwall to Greenville counties in east Dallas. A record capacity crowd of nearly 1,500 showed up to get their opposition to the controversial toll project on the record. Landowners and concerned citizens voiced their opinions to the Texas Turnpike Corporation (TTC) and the North Central Texas Council of Governments (NCTCOG) at a public meeting held in Rockwall that lasted until after midnight.
Taxes and more taxes: Big-money lobbyists sponsor transportation summit
Transportation industry professionals gathered in Washington D.C. on November 21 at a summit called Infrastructure of the Future—Sustainable Pathways to Meet America’s Transportation Challenges sponsored by two big-money lobbyists, the American Highway Users Alliance and the Volvo Group. Continue reading
Not toll viable: San Antonio tea party senator betrays grassroots
Citizens have no legal recourse to stop the vehicle registration fee money from being used to build toll roads since the law Senator Donna Campbell crafted has no prohibition on the money being used to fund toll projects. There’s also … Continue reading
TxDOT proposes elevated toll lanes over Interstate Highway 35
When a local San Antonio TV reporter goes on a rant over a toll lane proposal, you know the Texas Department of Transportation (TxDOT) has hit a nerve. TxDOT is proposing to add two elevated toll lanes on Interstate 35 each direction from Loop 410 in Bexar County to Schertz in Comal County, approximately 15 miles.
Texas downgrades foreign-owned toll road to junk bond status
Hate to say it, but we told you so.
NAFTA Superhighway Underway in Northeast Indiana: Multinational Operators Vie for I-69
Close on the heels of news that Interstate 69 (I-69) is underway in Texas, the Indiana Finance Authority and highway department (INDOT) has selected four private developers to submit proposals for a public-private partnership (P3) on segment 5 of I-69 from Bloomington to Martinsville. The final selection is expected this fall.
Gateway to globalization: Texas toll roads, reinvestment zones and trade corridors
Despite high hopes that lawmakers would address the chronic road funding shortfall at the outset of the 83rd session of the Texas legislature, Texas taxpayers only saw $534 million of $1.2 billion in diversions of gas tax revenues returned to roads (for the next two years) with a reliance on more toll roads to fill the remaining $4 billion annual funding gap. That’s only one-eighth of the money needed.
Texas red herring: ‘Availability payments’ are public-private partnerships
The Texas legislature is considering another ‘tool in the toolbox’ to build roads, without the controversial concession public-private partnership (P3) model, called ‘availability payments.’ House bill 3650 by Rep. Linda Harper-Brown opens the door to this type of P3, where the private sector pays for the road and gets paid back as money is ‘available.’
Texas lawmakers vote to sell-off state roads to private corporations
The Texas House joined the Senate in voting for SB 1730 to hand 20 Texas highways to private corporations in controversial contracts called public-private partnerships (P3s) or comprehensive development agreements (CDAs), despite public opposition.
Tea Party Texans say ‘No’ to more tolls, debt and taxes
Texans from across the state recently converged at the capitol in Austin to stress the need for Texas Governor Rick Perry, Lt. Governor David Dewhurst, Speaker Joe Straus, and House and Senate budget writers to prevent the most fiscally sound, long-term road funding solutions from being held hostage to more tolls, debt, and tax hikes.
Virginia’s Governor McDonnell gets devoured for massive transportation tax hikes
Houston, we have a problem. Well, actually, it’s a nationwide problem. Gas tax, the primary user fee that funds our national Interstate Highway System, hasn’t been raised in 20 years. The same is true for the gas tax in most states, where gas tax is the primary source of revenue to fund each state’s highway system.