Republicans push for private investment on $117B HSR project

05/23/2011 | Hill, The

GOP members of the House Transportation and Infrastructure Committee acknowledge that investing in high-speed rail along the Boston-D.C. corridor would be wise, but they want the Obama administration to go after private funding to help with the $117 billion project. "While the need and opportunity for a successful true high-speed rail project exists, the federal government cannot carry the full financial burden of public infrastructure projects," the committee leaders noted. The committee will hold a hearing on Thursday.

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Hill, The

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