: News

Importance Of Virginia Infrastructure Announcement Contested

Play associated audio

In Virginia, a day after Gov. Bob McDonnell announed the state will apply $4 billion to stalled highway and road projects over the next three years, one local leader says the announcement means little for the D.C. suburbs.

Three-fourths of the money relies on new bonds and existing debts.

Virginia Secretary of Transportation Sean Connaughton says the governor is authorizing the unusually heavy use of debt during a time of depleted transportation revenues to take advantage of low construction costs and interest rates in an economy struggling to rebound.

"That's what's happening out there...the governor wants to take advantage of this market," Connaughton says.

The governor plans to create an infrastructure bank that will provide low-interest loans to cities and counties.

Fairfax County Supervisor Jeff McKay says it makes sense for McDonnell to take advantage of the state's bond rating and low interest rates, but he says it's something Northern Virginia counties are already doing.

"Fairfax County already has its own triple A bond rating, so for a jurisdiation of our size that's well fiscally managed, there's no real advantage there," McKay says.

He says he's disappointed the governor never called a special session to address transporation funding this year.

He says he's worried the issue will get pushed to the side during 2011's shortened session, when an issue such as redistricting needs major attention.

Connaughton also says the announcement represents just a part of the governor's overall strategy to address transportation funding.

He says McDonnell will unveil more plans before the legislative session begins in January and is currently reworking his ill-received plan to privatize the state's liquor stores to raise transportation money.

NPR

The Glimmering Sheen Of A Wide World Seen From Inside A Bubble

The teen heroine of Nicola Yoon's debut novel, Everything, Everything, has a disorder that bars her from leaving her house. Still, her world is vast, filled with writings, drawings — and new love.
NPR

Correction: Italians And Celiac Disease

A correction to our story about gluten-free options in Italy, the land of pizza and pasta. Italian children are not routinely tested for celiac disease, as we incorrectly reported.
NPR

Donald Trump, Loyalty Pledges And The State Of The Race In 2016

NPR political editor Domenico Montanaro joins Arun Rath to recap the latest developments with the 2016 presidential hopefuls.
NPR

China Arrests Nearly 200 Over 'Online Rumors'

The rumors ranged from a man leaping to his death in Beijing over stock losses to highly inflated death tolls in the Tianjin industrial blasts.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.