Thursday, February 21, 2008

Reuters Reports TxDOT Audit

The great audit of TxDOT's fluffed up numbers (to support the TxDOT craving to toll our freeways) made national news! My favorite snips from the Reuters article:

"The transportation agency projected a $3.6 billion shortfall by 2015. But Lt Gov. David Dewhurst and Speaker Tom Craddick said it failed to include a total of $8 billion of transportation bonds and faulted its forecasts for higher maintenance costs."

"Texas has the nation's biggest privatization program -- a $50 billion multiyear plan -- that Republican Gov. Rick Perry says is needed to keep traffic from stalling growth.

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