Indiana Offered $3.8 Billion for Toll Road

Conservative estimates suggested that Indiana could net $2 billion in a lease of the East-West Toll Road in Northern Indiana. However, the bids brought nearly double that – $3.8 billion!

Geoffrey Segal is the director of privatization and government reform at Reason Foundation, a nonprofit think tank advancing free minds and free markets. He is also editor of Reason's Privatization Watch.