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Investigation: Waste of the Day – U.S. DOT Spends $3 Billion On Private High-Speed Rail

By Adam Andrzejewski

Will Donald Trump win the 2024 election?

Investigation by Adam Andrzejewski originally published by RealClearInvestigations.com and RealClearWire.com

Commuters may want high-speed rail but at what price? Apparently $3 billion. That’s what the U.S. Department of Transportation committed this month for Brightline West, a private intercity passenger railroad, to help build a $12 billion high-speed railway between Las Vegas and Southern California, the Washington Post reported.

Another $3 billion will go to California High-Speed Rail Authority to continue construction of a 500-mile train connecting Los Angeles and San Francisco.

The $3 billion for Brightline is “an almost unheard of infusion of federal money for a private project,” the Post reported. The trains would travel 218 miles Las Vegas and suburban Los Angeles at 186 mph by 2028.

The other three-quarters of the project’s cost would be covered by capital and tax-free debt known as private activity bonds to finance the rest. Company officials claim they needed the federal funding to begin construction.

Brightline West received a $25 million federal grant in June to pay for the design and construction of two stations in California.

Brightline, which is the only private intercity passenger railroad in the U.S., says it would take travelers along the median of the interstate between Las Vegas and Rancho Cucamonga in 2 hours and 10 minutes. Rail advocates say the train would remove about 3 million vehicles from the road, create 35,000 jobs and increase tourism between Nevada and California.

The rail company – which recently expanding it Florida service to Orlando – still hasn’t said how much they’ll charge customers to travel on their private trains. Its website states: “Ticket pricing will be determined closer to the start of operations but can be expected to be priced on par with the cost of gas and parking, but without the stress and extra time in traffic, fluctuating gas prices, and other things that can add time and money to your trip.”

Brightline is aiming its construction completion and opening to be in time for the 2028 Olympics in Los Angeles.

While that’s nice to have for the Olympic games, why should taxpayers give a private train company $3 billion of their dollars?
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Adam Andrzejewski – The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

This article was originally published by RealClearInvestigations and made available via RealClearWire.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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