We so borrow $52 million from China and pay interest on it so NC can use it as a slush fund?
Well, we taxpayers pay for the $52 Million for the “road to nowhere” so it can’t be built....
(yes, using borrowed money from the Chicoms or the Saudi’s plus interest - which is going to go up now that Zero and commie buddies are costing the US our Triple A credit rating...)
Someone suggested this was a payoff for the pro-Obama votes by Cong. Schuler who (of course) was not identified as a Democrat in this article....and, yes, it apparently will be a slush fund for the Dems in that county or the state. Who will ever know?
“The payments destined for Swain County will be a boon for the area: The full settlement is four times the county’s annual budget, and officials plan to only draw from the annual interest payments, with the remainder staying in a state account that can be used only if the voters agree to access it.
North Carolina Rep. Heath Shuler said the agreement will nullify a 1943 pact that required the federal government to build the 30-mile roadway into an undeveloped area in Great Smoky Mountains National Park along the Tennessee line. The government had promised to replace a highway that was flooded to build a dam, but environmental concerns and high costs halted construction decades ago.”