bissett exploded in terms of setting aside seed money, if i am a state official, is that a good thing or a bad thing for me? guest: it is a good thing depending on where you are. what that says it those projects will have to generate revenue in some fashion to be able to theify for the grants federal government might make you that works well you an urban setting where you have high traffic volumes to impose tolls were generate other revenue. it does not work well in other parts of the country. in every state, there will be rural areas where it is not likely the private sector will be able to generate the kind of return on investment that would like to see from participating in transportation infrastructure. there are concerns about it. it will work well in some settings. it won't work well in other settings. host: ultimate, state officials have to sell people on a toll if that is how they're going to do it. guest: that is right, and we know there are parts of the country where tolls have been well accepted, and other parts of the country where tolls don't exist. it is not an easy task

bissett exploded in terms of setting aside seed money, if i am a state official, is that a good thing or a bad thing for me? guest: it is a good thing depending on where you are. what that says it those projects will have to generate revenue in some fashion to be able to theify for the grants federal government might make you that works well you an urban setting where you have high traffic volumes to impose tolls were generate other revenue. it does not work well in other parts of the country. in every state, there will be rural areas where it is not likely the private sector will be able to generate the kind of return on investment that would like to see from participating in transportation infrastructure. there are concerns about it. it will work well in some settings. it won't work well in other settings. host: ultimate, state officials have to sell people on a toll if that is how they're going to do it. guest: that is right, and we know there are parts of the country where tolls have been well accepted, and other parts of the country where tolls don't exist. it is not an easy task