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TexasTowelie

(116,694 posts)
Sun Feb 26, 2017, 09:29 PM Feb 2017

Not 'a scare tactic': State transportation woes may worsen with loss of federal dollars

Without a major injection of state money, Louisiana could see its first loss of federal dollars for roads and bridges, according to Shawn Wilson, secretary of the state Department of Transportation and Development.

Wilson, who is leading the charge for a hike in the gasoline tax and other steps to raise money for transportation projects, said recently that on its current course the state will soon be unable to provide the matching funds needed to generate the maximum federal aid.

That could happen as early as next year and could cost the state up to $150 million in the first year and $300 million in the second, he said. The state typically gets between $650 million and $700 million per year in federal transportation aid.

"The exponential impact is significant," Wilson said.

House Transportation Committee Chairman Kenny Havard, R-St. Francisville, differs with Wilson on some transportation issues but agrees that the potential for a loss of federal aid is real.

Read more: http://www.theadvocate.com/baton_rouge/news/politics/article_912d12bc-f93b-11e6-b854-1b8f171d3595.html

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Not 'a scare tactic': State transportation woes may worsen with loss of federal dollars (Original Post) TexasTowelie Feb 2017 OP
That's the result of "Trickle Down Economics" I hear. I heard Bobby Jindalwas joining a few napi21 Feb 2017 #1
You drank Bobbie's kool-aid. Don't let #45 convince you to NCjack Feb 2017 #2

napi21

(45,806 posts)
1. That's the result of "Trickle Down Economics" I hear. I heard Bobby Jindalwas joining a few
Sun Feb 26, 2017, 09:36 PM
Feb 2017

other Pub Governors to prove their "god Reagan" was right. Sounds like he proved something alright, but not what he hoped for. He proved trickle down leads to bankruptcy!

NCjack

(10,297 posts)
2. You drank Bobbie's kool-aid. Don't let #45 convince you to
Sun Feb 26, 2017, 10:02 PM
Feb 2017

have capitalists rebuild your roads and bridges. The tolls will be so high that you will never get out of debt. Just ask the Texans.

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