A state senator in New Jersey was expected to propose
legislation Monday that would allow the state to privatize the New Jersey
Turnpike, the Garden State Parkway and the Atlantic Expressway.
Sen. Raymond Lesniak, D-District 20, told The Associated Press the state can't
raise taxes or raise its debt to pay for highways - so leasing them to private
companies is the best solution.
Estimates of how much New Jersey would get up-front from the
lease of the highways ranges from $15 billion to $30 billion.