Word: tolls
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Dates: during 2000-2009
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...attack on a Pakistani Air Force bus that killed eight military personnel and wounded dozens more south of Islamabad, Thursday, brought this week's death toll in suicide bombings to 15. But the spate of increasingly violent attacks on targets associated with his regime is only one of the many threats confronting the embattled President Pervez Musharraf. Challenges to his authority from the courtrooms of the capital to the rebellious mountains of the northwest have once again raised the specter of a declaration of martial law in Pakistan...
...incident. Sunday's attack may well prove the last straw for Turkey's hawkish military - NATO's second largest army after the U.S. - which has been readying to cross the border into north Iraq in pursuit of the PKK for several months. Public outrage over a mounting death toll finally led Prime Minister Recep Tayyip Erdogan to approve an incursion last week. Meanwhile, U.S. and Iraqi diplomats are trying frantically to come up with a non-military solution...
...privatization under the enthusiastic leadership of Governor Rick Perry, saw its legislature impose a two-year moratorium on new projects. The Pennsylvania legislature bounced Rendell's first attempt to privatize the turnpike, though now he's trying again in the wake of shifting state politics. The mother of all toll roads, the New Jersey Turnpike, is under review, but Governor Jon Corzine, a former Goldman chairman, disappointed eager bankers in June when he flatly stated, "We're not going to privatize...
Money from the private sector could help fill that gap, but there is more than one way to get it. Deals like the Chicago Skyway and Indiana Toll Road, which lease existing assets, may tap the private sector's operating prowess and political immunity in raising tolls, but critics see them as long-term mortgages to solve short-term fiscal problems. "People are giving public-private partnership a bad name by running around the countryside trying to entice cash-strapped states and municipalities to participate in these monetizations," says Tim Carson, vice chairman of the Pennsylvania Turnpike commission...
Carson argues that the public sector can wring plenty of cash out of toll roads by essentially behaving like the private sector and charging market rates for usage. The express lanes of State Road 91 in Southern California, for example, carry some of the highest tolls in the nation--at peak hours, nearly a dollar a mile--which may annoy drivers but help pay for the state's transportation needs. The Pennsylvania Turnpike commission has produced a plan to raise turnpike tolls and attach tolls to other roads in the state...