Paul Page

speaker
38 appearances 1 recordings 1 series first heard Feb 2018 last heard Feb 2018

Paul Page’s voice in public audio — every appearance, attributed to the second.

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Right.
$200 billion sounds like a lot of money, but we're talking about spending over anywhere from six to 10 years.
And the
The Trump administration calls the plan a $1.5 trillion plan, but really only $200 billion of that comes from
the federal government.
And that's a source of a lot of anxiety and division in Washington.
The $200 billion is supposed to be leveraged to get to that $1.5 trillion and to bring in money from both the private sector and state and local governments.
The arguments by people such as the president of the American Trucking Associations is that that money
doesn't really exist now.
The formula for getting that money has never been put to the test.
So it's assumed, the administration is assuming that you get to $1.5 trillion, but there's really no guarantee.
that you'll get that money.
And in fact, a lot of people believe that you'll fall far short of that goal.
Taxes have been kind of the proverbial third rail of politics in Washington for a long time.
And raising that tax is extremely difficult to do politically.
People have raised it or have raised the idea of it recently, even today at their retreat in West Virginia, the Republicans talked about it.
And there are some who are somewhat open to the idea, but ultimately the idea that you're going to get any significant number of Republicans, many of whom have signed pledges to not raise taxes, to sign off on a tax increase at the fuel tax level is just not really going to happen.
The plan has built a great deal of it on an idea that people in the transportation industry call public-private partnerships.
That is, public agencies, state agencies, the federal government take a part of a big role in a project such as a highway.
And then private industry comes in and manages that and they
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