According to Texas State Comptroller Susan Coombs, Texas has a $10.7 billion dollar budget surplus due to the soaring oil prices. This is a major budget turnaround for the State of Texas. The Governor’s spokesperson, Robert Black, said that the governor would favor sending some of the money to taxpayers in the form of tax rebates.
Here is a better idea. Use some of the money to build the Trans Texas Corridor! There is no reason to give a contract to a Mexican company to operate the toll road in Texas for 50 years. This contract is for a revenue producing business.
Since Texas has a windfall budget surplus, investing in the toll road today is a 50 year investment that will reap profits for the state of Texas for the next 50 years. This translates to a 50 year benefit for the citizens of the State of Texas.
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