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Reason Foundation

The vast gulf between public and private

Adrian Moore
January 28, 2009, 11:08am

VA has accepted a private proposal to build a new toll bridge in the Norfolk area--full story here. The most interesting this is that the city analyzed this project and decided tolls could only cover 20% of the cost. The private firm came in and figure out that tolls can finance the bridge and a profit!

Adrian Moore is Vice President, Policy


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