MTF Warning: Rush to $2.3 Billion Turnpike Bailout Poses Large Risk to State Finances

  • FY 2009
  • Transportation

MTF Letter to State Senate

The Commonwealth is going on this debt binge at the very moment that the floor may drop out of our finances. We are not risking a credit downgrade, we are virtually inviting it.

Bailing out the Turnpike with no accompanying reforms, no transparency, and no comprehensive plan to address its underlying problems will be remembered for years as the other bookend to the Big Dig fiasco.

Massachusetts Taxpayers Foundation | 333 Washington Street, Suite 853 | Boston, MA 02108 | Tel: (617) 720-1000 | mtf_info@masstaxpayers.org


Source URL: http://www.masstaxpayers.org/publications/public_finance/budget/fy_2009/20080721/mtf_warning_rush_23_billion_turnpike_bailout_pos