bill
Republican backbench move to abolish Pennsylvania Turnpike Commission
Posted on Wed, 2009-12-09 01:41
Five Republican state representatives appeared at a press conference today in Harrisburg to announce the filing of a bill to abolish the Pennsylvania Turnpike Commission and transfer its assets and functions to the state department of transportation. The bill H2134 was filed by Rep Mike Vereb, 150th District covering Montgomery County on the northwest side of the Philadelphia metro area.
China welcomes investor tollroads while Texas shuts the door
Posted on Fri, 2009-07-03 09:35
July 2 2009 should be recorded as an important date in tollroad history. It was the day Chinese
regulators gave the green light to Sichuan Expressway Company's Initial Private Offering (IPO) of shares in Shanghai, while in Texas, USA the legislature adjourned for 18 months slamming the door on investor pikes.
DJ Gribbin of Macquarie hits Bingaman-Grassley bills
Posted on Sun, 2009-05-17 08:45
A senior Macquarie official, DJ Gribbin, managing director Macquarie Capital, New York, has penned a sharp critique of the toll concession legislation (S884, S885) introduced by US senators Bingaman and Grassley, saying it is surprising that they would propose disincentives to private investment at this time.
Congressional Budget Office says reports on slowness spending infra-$s misleading
Posted on Thu, 2009-01-22 23:58The Washington Post and the Wall Street Journal both had similar stories this week
citing a Congressional Budget Office report saying that most of the money proposed in the Democrats stimulus package forĀ highways and other infrastructure would not get spent until after Oct 2010 (FY2010) when they forecast the recession would be over.
