Vice Sports: Trump’s Infrastructure Plan Could Be a Giant Sports Welfare Giveaway
media mention“P3s are having a bit of a heyday right now, as local governments experiment with having private investors build everything from toll roads to water projects. The method has limitations. For one, notes Carl Davis, research director at the D.C.-based Institute on Taxation and Economic Policy, it can only be used on projects that generate significant revenue via tolls or fees. ‘We’re not going to have private companies filling our potholes or expanding our bus system,’ he says, ‘because those things aren’t profitable.'”