Welcome To Trump's Toll Road America!
Published on Feb 18, 2018
How was Trump planning to pay for all that infrastructure spending? Hope you like paying tolls! Cenk Uygur, the host of The Young Turks, breaks it down. Tell us what you think in the comment section below. http://www.tytnetwork.com/join
Read more here: https://www.huffingtonpost.com/entry/trump-tolls-infrastructure_us_5a81b8bbe4b08dfc930673bb
“WASHINGTON ― If you like paying tolls, you’re going to love Donald Trump’s infrastructure plan.
The president’s long-awaited $1.5 trillion proposal, which was released Monday, seeks to leverage $200 billion in direct federal spending over the next decade into an additional $1.3 trillion by relying on state and local tax dollars, as well as private investment.
One way to attract private investors to finance infrastructure projects would be to toll roads. Trump’s infrastructure plan would give states more flexibility to toll existing interstate highways ― under the rationale that if you use a road, you ought to pay a price in order to maintain it.
“Tolling restrictions foreclose what might otherwise serve as a major source of revenue for infrastructure investment,” Trump’s plan reads. “Providing states flexibility to toll existing Interstates would generate additional revenues for states to invest in surface transportation infrastructure.”
It’s not a new idea, nor is it a partisan one. Barack Obama’s administration, for example, repeatedly proposed lifting current prohibitions on states placing tolls on existing highway lanes. Proponents of the move argue that it would create new sources of badly-needed revenue, one that could find more support in Congress than an increase in the federal gas tax.”
Hosts: Cenk Uygur
Cast: Cenk Uygur
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)