BRIGHTLINE CRITICIZED FOR D.C. HEARING

Publish Date: 
Friday, April 20, 2018 - 11:00am

CONGRESSIONAL PANEL BALKS AT REQUEST FOR PUBLIC FUNDS TO EXTEND RAIL SERVICE. On Thursday, Congressmen blasted Brightline for possibly circumventing federal law to obtain $1.75 billion of tax-free financing, and suggested the financing for Brightline's Miami-to-Orlando passenger railroad could be in jeopardy.

During the two-hour hearing, the subcommittee criticized Brightline for trying to get financing under a statute intended for certain highway projects for high-speed passenger rail, or trains traveling faster than 150 mph (Brightline travels at 110 mph). Other topics included safety and maintenance fees.

Read more here.

Original article written by Lisa Broadt of The Treasure Coast FL