Just How Essential Is Privatization To Getting Rid Of Lambert's Debt?


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By St. Louis Public Radio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Consultants who work closely with conservative billionaire Rex Sinquefield have gathered enough signatures to force a vote on the privatization of St. Louis Lambert International Airport this November. If voters say yes to the plan, the city would basically be required to lease the airport to a private company by next summer. One argument for doing that is that it could help pay down the airport’s half a billion dollar debt. St. Louis Public Radio reporter Corinne Ruff recently dug into that claim.

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