Toll Road deal taking Daniels to D.C.

May 20, 2006

Toll Road deal taking Daniels to D.C.
House panel invites governor to testify

By Maureen Groppe
Star Washington Bureau
WASHINGTON -- Members of Congress and the Bush administration want to know more about Indiana's controversial privatization of the Indiana Toll Road to finance state transportation projects.


Indiana Gov. Mitch Daniels was invited to testify Wednesday before a House transportation subcommittee looking into whether such deals are the future of infrastructure financing.
Daniels also is scheduled to meet with the U.S. Department of Transportation's National Surface Transportation Policy and Revenue Study Commission to talk about Major Moves.
The plan, challenged in court as unconstitutional, involves leasing the Toll Road to a private firm for 75 years for an upfront payment of at least $3.8 billion. Macquarie-Cintra, the Australian-Spanish consortium that won the bid for the lease, will operate, maintain and collect revenues on the Toll Road for 75 years.

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http://www.indystar.com/apps/pbcs.dll/article?AID=/20060520/NEWS02/605200485

If you think its a bad idea here, wait until it hits the rest of the country!

The law doth punish man or woman
That steals the goose from of the common,
But lets the greater felon loose,
That steals the common from the goose.

getting grilled in the House by Representative DeFazio of Washington I do believe. I have never seen a more petulant son of a bitch in all my life, except for maybe his buddy at 1600.

Fuck Mitch.