So Much For Fiscal Hawks – Republicans Now Costing You Tens Of Millions To Save A Few Million

www.addictinginfo.org/2013/05/25/so-much-for-fiscal-hawks-republicans-now-costing-you-tens-of-millions-to-save-a-few-million/
"Now, instead of the $7 million in renovations and upgrades, the cost to replace the collapsed bridge will run $15 million and take up to a year. The collapse will cost an estimated $47 million in reduced productivity and trade. With the current average tax revenue from this total for trade and productivity in dealing with trade to Canada to be around 22%, the result is that this bridge collapse will cost the federal government $10 million in revenue for the period of repair, which when added to the $15 million pricetag means that we are looking at a total impact of $25 million. All in order to save $7 million.

The Republicans are no fiscal conservatives."

Read more: http://www.addictinginfo.org/2013/05/25/so-much-for-fiscal-hawks-republicans-now-costing-you-tens-of-millions-to-save-a-few-million/#ixzz2UbyAuy8f