Financing for turnpike/I-95 connector concerns auditor general – The Inky
In not-all-surprising news, that Pennsylvania Turnpike/I-95 green card scheme has gotten the attention of Pennsylvania Auditor General Eugene DePasquale.
DePasquale said he was especially interested in why an entity was created to broker the deal, in which wealthy foreign investors would lend the turnpike $200 million in exchange for possible permanent residence in the United States.
DePasquale said his office was legally bound to wait until a transaction is completed before launching an audit, so “it may be several months or longer” before he formally investigates the turnpike plan.
“I am going to follow this situation carefully,” DePasquale said. “It raises some alarms. I’m not taking a position that it’s wrong yet. . . . We’ll wait till the issue is ripe for an audit.”
I understand Pennsylvania being unhappy about having to build this connection since it was New Jersey that cancelled a nearly 30 mile stretch of I-95, but the Pennsylvania Turnpike should have built a connection with I-95 years ago anyway. The foot dragging has been going on for about 30 years.
Also, weren’t toll authorities designed to avoid this kind of nonsense? Perhaps raising federal and state gas taxes by a few cents might not be a bad idea either. Heaven forbid we pay several more cents per gallon (we’re paying a whopping 18.3¢ a gallon (over $3.60 where I live) right now for 21st century infrastructure.
Interstate shields courtesy of Shields Up!