Michigan billionaire who owns the Ambassador Bridge and profits handsomely from tolls and concessions.
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Why isn’t the Obama administration willing to finance the customs plaza for the new international bridge over the Detroit River between Detroit and Windsor, Ontario? That’s a question raised by this article in the Wall Street Journal.
As the Journal notes, the government of Canada has agreed to pay, as part of a public-private partnership, about $3.65 billion for building the bridge, including a $550 million link with Interstate 75 in Detroit. The new bridge would provide an alternative for the privately owned Ambassador Bridge, which was opened in 1929. Yet the Obama administration isn’t ponying up $250 million to build a customs plaza.
Why is the Obama administration withholding the $250 million for the customs plaza? One possible reason: to propitiate Matty Maroun, the Michigan billionaire who owns the Ambassador Bridge and profits handsomely from tolls and concessions.