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ROBERT F. McDONNELL, the Republican nominee for governor of Virginia, takes every opportunity to tout his 20-page, single-spaced transportation plan. But a close reading of the plan yields only disappointment.
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Much of the plan relies on wildly optimistic assumptions, brazen exaggerations, gauzy projections and far-off scenarios: budget surpluses and revenue growth that may not materialize; interstate tolls that the federal government may not approve; royalties from offshore oil and gas wells that may not be drilled; borrowing that the state may not be able to afford anytime soon. Lump all that in a file called "Don't Hold Your Breath." Insert some of his other proposals -- such as diverting some sales tax revenue from schools, public safety and human services statewide to pay for Northern Virginia road improvements -- into a file called "Politically Dead on Arrival." Quite simply, much of what Mr. McDonnell has in mind would almost certainly not come to pass during his four-year term as governor, if ever.
Much of the plan relies on wildly optimistic assumptions, brazen exaggerations, gauzy projections and far-off scenarios: budget surpluses and revenue growth that may not materialize; interstate tolls that the federal government may not approve; royalties from offshore oil and gas wells that may not be drilled; borrowing that the state may not be able to afford anytime soon. Lump all that in a file called "Don't Hold Your Breath." Insert some of his other proposals -- such as diverting some sales tax revenue from schools, public safety and human services statewide to pay for Northern Virginia road improvements -- into a file called "Politically Dead on Arrival." Quite simply, much of what Mr. McDonnell has in mind would almost certainly not come to pass during his four-year term as governor, if ever.
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[T]here is one idea in the McDonnell transportation program -- by far the biggest one in dollar terms -- that has attracted more favorable notices: his contention that Virginia could raise the alluring sum of $500 million simply by privatizing the state's hard-liquor sales. The problem is, Mr. McDonnell's revenue estimates are invented or, worse, an intentional distortion.
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[T]the idea that privatization would generate significant money for transportation is a pipe dream. And the notion that liquor sales could provide a steady source of revenue for new road projects is even less plausible.
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Bearing in mind that all but a few of those [ABC] outlets are leased, not owned, and that many are in rural areas where customers are sparse, it is wildly unrealistic to think the state could squeeze out $500 million by peddling 334 licenses or franchises to sell booze. The last states to sell off their liquor monopolies -- Iowa, West Virginia and Ohio -- didn't get anything close to that.
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Mr. McDonnell's proposal to address the state's most critical long-term problem, transportation, appears to have heft; in fact, it crumbles under close scrutiny. Far from fixing the state's roads, Mr. McDonnell would leave them in the lurch -- and Virginia commuters along with them.
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Bob and his fellow Kool-Aid drinkers just cannot accept the reality that the huge road and rail expansions that are needed can only be funded through new revenue sources - that are generally referred to as new taxes. Bob, get your hear out of Pat Robertson's butt and wake up to the real world.
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