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Private Investment Is the Answer to Declining Postindustrial Towns

Private Investment Is the Answer to Declining Postindustrial Towns
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Transcripts For CSPAN Tonight From Washington 20100929

the coming years. $13, just to cross a bridge. to visit a relative to go to school to go to work or just to get off the island. it is not much better on all other bridges surrounding staten island. the outer bridge crossing and others to new jersey each costs $8. staten islanders are truly captive toll payers. they have no choice but to pay the tolls if they want to get back on the island, no matter which way they travel. to help alleviate the situation, the metropolitan transit authority and the authority of new york and new jersey, the transportation authorities that run the bridges, have instituted a series of residential discount programs for stat ion landers that reduce the amount islanders pay for these bridges, sometimes reducing the cost by almost 50%. many of these discounts have been in place for a decade or more. but even with the discounts, staten islanders pay almost $500 million $500 million in tolls, every year. making it more than 7% of all tolls paid nation

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