Pursuit of Revenue Tramples Good Stewardship
A fiscally responsible funding plan sets aside the fuel taxes already being collected for a period of several years. A reasonably priced bridge is then paid for in cash tax dollars, incurring no interest, finance, or collection charges. This is the most economical way interstate freeways have historically been funded.
Government leaders planned ahead, wisely budgeted, and demonstrated good stewardship. In contrast, permanent tolls are the most expensive way to build a bridge as the funding must be borrowed up front. The vast majority of the toll dollars are then consumed to service the interest and finance charges on the multi-billion dollar debt, plus collection fees.
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