Monday, December 5, 2011

Public-Private Partnerships Won’t Solve New York’s Transpo Funding Crisis | Streetsblog New York City

Public-Private Partnerships Won’t Solve New York’s Transpo Funding Crisis | Streetsblog New York City: "New York’s transportation system is essentially broke, with both transit and road networks in precarious condition. PPPs can be politically appealing as a way to pay for transportation projects without directly tapping public budgets. But while certain kinds of PPPs might help speed projects along or reduce costs, the private sector doesn’t provide something for nothing. The public will eventually pay for these projects somehow."

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