Rendell Wants to Borrow $240 Million Immediately For Roads and Bridges

From the story: [On Wednesday] Gov. Ed Rendell called on the state Legislature to quickly enact a "supplemental debt authorization" of $240 million to jump start necessary improvements to ailing bridges, roads and flood-prone areas.

The $240 million in borrowed money "will enable us to quicken the pace of repairing critical components of our state infrastructure," the governor said in a letter sent today to all 253 legislators. Read more....

When facing a mass transit shutdown in 2005, Rendell “flexed” $412 million in federal highway and bridge dollars into mass transit. Surely the governor can now simply “flex” $240 million back out of mass transit to fix our roads and bridges.

1 comment:

Anonymous said...

why doesn't someone borrow money to give to PAT to avoid a strike.