Reuters: LaHood says bonds, not gas tax hike, could finance big highway, transit projects
Mar. 5, 2010 | 5:26 pm
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Reuters reports that Transportation Secretary Ray LaHood said on Thursday that U.S. government could issue debt to help underpin infrastructure bank financing for priority highway, transit and other big-ticket projects.
LaHood again ruled out a gas tax hike to boost construction upgrades, saying the Obama administration and Congress must shift away from traditional funding mechanisms.
Tagged: Ray LaHood, transportation funding
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