Hold On To Your Wallets, Loudouners
The government contracting sector continues to slow down and that marvelous decision to opt into Mismanaged Money-losing Metro looks better with every money grabbing announcement made with each passing week!
Today’s announcement that Metro only needs $26 BILLION to upgrade its crumbling and inadequate infrastructure is just marvelous news for Loudoun taxpayers, who now get saddled with a nice hunk of that obligation for a couple stops and a couple miles of track on the edge of the county.
“The projects would require major financial commitments from local and federal governments and would take several years to plan and several more years to complete.”
“Shyam Kannan, Metro’s chief planner, said it will take a “reliable, sustained stream of capital funding from a combination of local and federal” moneys to pay for the slew of proposed projects.”
Well, at least the campaign contributors that get the Metro windfalls are happy!