Monday, August 4, 2008

Gov. Paterson Suggests Selling Bridges and Tunnels

1st\NW Quadrant: The Approval Matrix

By BRENDAN SCOTT and FREDRIC U. DICKER\NY Post

Warning of an approaching economic calamity, Gov. Paterson yesterday called an emergency session of the state Legislature - and raised the specter that New York may have to sell off roads, bridges and tunnels to close a massive budget deficit.

In a rare televised address, the Democratic governor cited "private-public partnerships" involving the sale of state assets - widely condemned by critics as fiscal gimmickry - as one way to stem a tide of red ink brought on by the sagging economy and woes on Wall Street.

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