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Tom Pauken is only candidate untainted by the special interests pushing tolling in Texas...
Texas Gubernatorial Candidate Calls for End to Toll Road Subsidies
Focus Daily News
October 30, 2013
Moody’s Investors Service last week downgraded the credit rating for the SH 130 Concession company that operates the SH 130 toll road between Seguin and Mustang Ridge. The new junk status rating is a reflection of underperformance, by 55%, of forecasts for toll road usage.
In response, GOP gubernatorial candidate Tom Pauken issued the following statement:
“The failure of SH 130 to meet forecasts and its possible bankruptcy should send a message about the dangers of subsidizing these types of road project deals.
“The policy goal should be seeking road project deals which pay for themselves. We should make sure that we do not put Texas taxpayers at jeopardy for any losses which such efforts might incur.”
“Texas needs to live within its means and work to decrease the amount of debt it owes on transportation-related projects. Subsidizing toll roads that may need a bail-out works against that goal.”