Taxes & Economy
No immediate fiscal crisis?
The Pittsburgh Tribune-Review reports on the drop in transportation funding due to the rejection of the Turnpike Commission’s I-80 tolling plan. Under Act 44, the Turnpike Commission will borrow…
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Bailout Updates
Bill Text Side-by-Side Comparisons CNN Summary Sales Pitch Summary Boehner’s Sales Pitch Bush’s Sales Pitch WSJ Summary Rep. Mike Pence: “Republicans…
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Will rejectors regret inaction on turnpike?
Morning Call editorial blasts lawmakers for failing to even consider a lease deal: Once again, the small-idea, under-achieving Pennsylvania Legislature has let down the people they serve. The…
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The case Barlett hasn’t made
Bruce Bartlett attempts to justify the bailout (“The case Bush hasn’t made”) by explaining that the financial sector is different than other sectors, that a collapse in the financial…
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Bailout Bandwagon – The Rendell Plan
As hope for the proposed Turnpike Lease dwindles, Pennsylvania Governor Ed Rendell is asking Congress to add $100 billion in transportation money to the $700 billion bailout deal.
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Free Market Alternatives to the Bailout
Pat Toomey of the Club for Growth hosted a conference a call to discuss the economics of the proposed bailout. Toomey commented that the financial market does not seem…
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$12.8B lease opportunity is all but lost
The opportunity to plug a massive transportation funding gap will be lost because of legislative inaction. Although Gov. Rendell plans to try to revive the turnpike lease in 2009, one…
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Turnpike Lease Bid expiring – what now?
With the Turnpike lease bid expiring – and indications are there will be no extension of the $12.8 billion bid – both Governor Rendell and some lawmakers have…
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Legislators should do their jobs
The Altoona Mirror takes legislative leaders to task for failing to do their jobs: Senate Republican leaders – President Pro Tem Joe Scarnati and Majority Leader Dominic Pileggi…
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