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Saturday, October 04, 2014

Paul Ryan Links Fracking Expansion To Highway Funding Deal

The last time Rep. Paul Ryan saw an opportunity for a Koch Industries project, he wanted to force a floor vote to greenlight the KXL pipeline during the debt-limit debates, so this is right out of Ryan's hostage/ransom playbook.

According to an article in the Janesville Gazette, Ryan has a plan to fund the federal highway trust.

But you may have to embrace the Koch Brothers if you don't mind...

JG Excerpt:
Nobody wants to see an insolvent highway trust fund, and there's ways to avoid that, Ryan said.

Ryan helped write bills that would create a mechanism to use royalties and leases from fracking efforts for the highway trust fund. "I think it's a great funding source. We've had incredible discoveries just in the last few years,” Ryan said.

As I predicted almost two months ago, there is no way, despite massive deficits and snowballing costs, that Ryan would let the federal highway fund run dry.

With that said, the I39/90 interstate expansion doesn't need Paul Ryan or the fracking industry to make it happen. It's going to happen with or without them.

The problem is it's Koch Industries that needs Paul Ryan to make fracking expansion happen and Ryan is confident he'll work out a deal to get it done.

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