If you borrow money to buy it now…you might not have enough money to afford something else later. That fundamental argument becomes the focus of a two-billion dollar road-building proposal. A two-billion-dollar bond issue to build roads and bridges is weaving its way through the Legislature…but bonds are not free. They have to be paid for later, with interest. One suggestion in the Senate is to use money that normally pays the bills for other non-highway programs, services and institutions to pay off the bonds. Florissant Senator John Schneider says using the general fund to build roads would mean big cuts in programs such as mental health and education. One Senator suggests backers of the road bond program are only trying to set up such a major long-term financial shortfall in road-building that voters will have to enact significant gas taxes to maintain and build Missouri’s roads.
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