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February 22, 2007

States sell off roads, lotteries to raise cash

  • But experts warn that outsourcing services and leasing toll roads can mean states end up mortgaging their future.
    • By KEN KUSMER
    Associated Press Writer

    INDIANAPOLIS — Like the auto industry, the computer programming field and the customer-service business, the state of Indiana is outsourcing.

    In the two years since Republican Gov. Mitch Daniels took office, the state has leased the 157-mile Indiana Toll Road to an outside company for the next 75 years for $3.8 billion, hired vendors for $1.16 billion over 10 years to process welfare applications, and brought in a company to serve food at a mental hospital. And now Daniels wants to lease the Indiana lottery for at least $1 billion over 10 years and put the money toward education.


     
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