Trump's Toll Road America
March 12, 2017
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6:29Now PlayingTrump's Toll Road America
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as posted by the channelTransportation Secretary Elaine Chao may have accidentally let her true intentions slip during a Sean Hannity interview. Cenk Uygur and John Iadarola, hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
"What he didn’t mention is that under the current design of his proposal, Americans will be directly paying for these projects. But that was later made clear by his Transportation Secretary.
In an interview with Fox News’s Sean Hannity, Elaine Chao explained that the projects will necessitate higher tolls and fees levied on the people who use them.
“The federal government cannot assume the cost for all of it,” she said. Therefore, she added, “Public private partnerships are a very important part of a new way of financing our roads and bridges.”
Any private firm that invests in infrastructure, however, will only do so if there’s a source of profit — the ability to charge people for using it — even if the government helps with financing.
When Hannity asked Chao directly if this will mean new tolls on roads and bridges, she responded “that is certainly one example of how that would work.”
“I have to say that there are some people who may not support toll roads, but we have to take a look at all of these financing mechanisms,” she said, “because once again, the needs of our infrastructure are so great that the federal government cannot and should not be the only source of funding to repair our bridges, our roads, and our energy grids.””*
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Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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