Discuss “The benefits of privatizing”

When Pennsylvania Governor Edward G. Rendell announced that he might be looking to lease out the state’s turnpike to a private source, the idea of a giant corporation raising tolls came to mind.

However, Rendell’s proposal would ultimately lead to more funds, anywhere from $3 billion to $30 billion according to the turnpike’s estimated value, for the state to repair roads and build up the transportation system throughout Pennsylvania. The money for these repairs would come from the lease money that the private company pays to the state. In turn, the private company would still charge a toll to access the road and use the money from the tolls to maintain repairs on the turnpike. Because the road would be leased instead of owned by the...