So we should re-prioritize spending if we want better roads and bridges. You know, get rid of those expensive bike paths and rural vo-tech centers, and if that isn't enough, kick some people off welfare, and if that still isn't enough we can borrow more.
After all, we defend freedom that way; why can't we build roads on credit?
Since 2000, we have been. But not enough to keep up with increasing inflation, more miles driven, and deferred maintenance on roads and bridges getting greater wear and tear.
As a result of all these factors, we're only about $14 billion short of where we would be if we maintained 1986 funding levels over the last 20 years.
But today's number is here:
Over the past five years, the amount of interest on trunk highway bonds has increased by 650 percent and paying for that interest has squeezed MnDOT’s budget to the point of breaking.
– Rep. Bernie Lieder (DFL-Crookston) is a former highway engineer and chairman of the House
Transportation Finance Committee