Republicans in northern Virginia move to socialize Macquarie Group's Dulles Greenway, get subsidies
Toll Road News:
Northern Virginia Republicans want the government of Virginia to buy up the investor owned Dulles Greenway and the state Treasury to subsidize tolls for their constituents under state ownership. Legislators from the Dulles Greenway corridor are behind two bills to allow the state to buy up the Dulles Greenway and to make use of subsidy funds to reduce tolls.
The legislators are also reportedly engaged in discussions with the Greenway over a price for the state buy-out of the toll concessionaire.
No word yet from the administration of Governor Bob McDonnell (also Republican) or from the Dulles Greenway company itself.
Two bills to take over the Greenway have been introduced by state Delegate Joe T May (Leesburg) who is also chair of the House transportation committee. The takeover is supported by the other Republican delegate from Leesburg district Randy Minchew.
Okay, I'm confused...