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Author Topic: Gov. Kasich's turnpike plan delivers cash, jobs and debt Back to Topics
nraacct
Champion Author
North Carolina

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Message Posted: Jan 24, 2013 4:25:43 PM

Gov. John Kasich left hundreds of millions of dollars on the table while he kept much of northern Ohio happy last month by opting to leave the Ohio Turnpike intact.

Combining operations with ODOT or leasing it to a private operator would have earned far more than the $1.5 billion the governor plans to generate by borrowing against future tolls at the turnpike, a study shows.
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REPLIES (newest first) Post a Reply
DrCashFlow
Champion Author Massachusetts

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Joined:Jun 2008
Message Posted: Jan 26, 2013 5:15:47 AM

when in doubt, pile on debt.
CorvairHaven
Champion Author Cleveland

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Joined:Sep 2008
Message Posted: Jan 25, 2013 9:22:20 AM

I am pleased that the Ohio Turnpike was not leased to a third party.

I just wish that it could have become a FREE road, like was promised when it was built (after the bonds were paid off). At that time, it was deemed a cash cow, and the tolls became permanent.
mpg611
Champion Author Cleveland

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Message Posted: Jan 24, 2013 10:33:12 PM

Now if only our king, I mean govenor, can find a way to deliver low gas prices.
HorizonChaser
Champion Author Montgomery

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Message Posted: Jan 24, 2013 9:21:57 PM

OK
BBopp
Champion Author Dayton

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Message Posted: Jan 24, 2013 7:17:56 PM

We can only hope the best decision was made.
bcline909
Veteran Author Virginia

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Message Posted: Jan 24, 2013 6:27:12 PM

alright
Jeff4U
Champion Author Atlanta

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Message Posted: Jan 24, 2013 6:24:52 PM

Everyone's a critic, but nobody can deny that Kasich has done a terrific job.
mastermariner
Champion Author Texas

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Message Posted: Jan 24, 2013 6:24:41 PM

Excellent
JDchefF
Champion Author Lancaster

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Message Posted: Jan 24, 2013 5:46:12 PM

Interesting, sounds like a good approach to this problem.
mike56MI
Champion Author Michigan

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Message Posted: Jan 24, 2013 5:29:02 PM

2 out of 3, not bad.
humblepie
Champion Author Toledo

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Message Posted: Jan 24, 2013 4:50:59 PM

1 and a half billion in todays dollars as oppossed to
more billions of obama future bux sounds good to me
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