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Taking on Private Toll Roads

We've written before about the new 75-year lease of an Indiana toll road to a Spanish-Australian partnership, and the bad deal for taxpayers and democracy that it represents. The state's largest consumer group filed a lawsuit yesterday saying that the deal was so bad that it violates the state constitution. The Citizens Action Coalition argues that the state constitution requires lease proceeds to pay down public debt, rather than diverting long-term returns from a lease to immediate public spending. The lawsuit highlights the core problem with this kind of privatization -- it's essentially a theft from future taxpayers and consumers to help pay for government spending today.