In Case You Missed It:Bullet train project nearly triples in cost — $98.5 billion — from earlier projections

Statement from Governor Rick Scott

11/1/2011 Tallahassee, Fla – Governor Scott issued the following statement regarding news reports today (like this one: that the expected cost of high speed rail in California has nearly tripled from its initial estimate to $98.5 billion.

“The news today out of California that High Speed Rail cost estimates have now tripled to the $100 billion range reinforces that Florida made the right decision earlier this year to protect taxpayers from just this sort of boondoggle. As I said at the time, High Speed Rail would be far too costly to taxpayers and I believe the risk far outweighs the benefits. I’m glad Florida is no longer entangled in the high speed spending web.”



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