The Web of Debt Blog
The companies’ management of the toll road drew criticism over everything from emergency management to toll increases. In September 2008, for instance, the state ordered a suspension of tolls so residents could evacuate a flood zone, and, as a result, the state had to pay the consortium nearly $450,000 in foregone revenue.
Dollars & Sense
The American Prospect
Public-private partnerships may indeed provide the dollars that fearful politicians are unable to pry from the pockets of their tax-averse constituents. But P3s, as they are known in the infrastructure sector, are more complex than they appear. The idea that P3s allow infrastructure to be built for free is economic snake oil, P3s do not end up saving taxpayers money, especially when policymakers obscure the true costs and the risks.
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The president has cultivated a relationship with the building trades unions. But early hires at the Department of Labor are opponents of wage standards for construction contracts.