Tags: transportation | tolls | elaine chao | chao | roads | trump

Elaine Chao: More Tolls May Be Coming to Roads, Bridges Soon

Image: Elaine Chao:  More Tolls May Be Coming to Roads, Bridges Soon
Traffic flows through an entrance to the Pennsylvania Turnpike. (Photo by William Thomas Cain/Getty Images)

By    |   Saturday, 04 Mar 2017 11:07 PM

U.S. drivers may be shelling out more toll money to help pay for infrastructure improvements to roads and bridges, the Washington Post reports.

Transportation Secretary Elaine Chao on Tuesday said the federal government could not assume the entire cost of the rebuilding, and told Fox News' host Sean Hannity that "new and innovative ways" would be used to find funding, with public-private partnerships "a very important part of a new way of financing our roads."

Asked whether imposing new tolls was a possibility, Chao said yes.

"That is certainly one example of how that would work," she said. "Now, I have to say, there are some people that may not support toll roads, but we had to take a look at all of these financing mechanisms because come up once again, the needs of our infrastructure are so great that the federal government cannot and should not be the only source of funding to repair our bridges, our roads, or energy grid. Or to install new aspects of the infrastructure for a new America of the future."

President Donald Trump campaigned on the promise that he would spend $1 trillion on roads and bridges and in his joint session speech to Congress Tuesday said he would be looking to get Congress to approve legislation that produces a $1 trillion investment in that infrastructure.

© 2017 Newsmax. All rights reserved.

 
1Like our page
2Share
US
U.S. drivers may be shelling out more toll money to help pay for infrastructure improvements to roads and bridges, the Washington Post reports.
transportation, tolls, elaine chao, chao, roads, trump
224
2017-07-04
Saturday, 04 Mar 2017 11:07 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved