CHAIRMAN OF THE HOUSE OVERSIGHT AND GOVERNMENT REFORM SUBCOMMITTEE ON GOVERNMENT OPERATIONS MARK MEADOWS ASKED U.S. TRANSPORTATION SEC. ELAINE CHAO TO SUSPEND THE ALLOCATION OF ALL ABOARD FLORIDA'S PRIVATE ACTIVITY BONDS. This request was made in a letter that Meadows sent on May 16. This was following his subcommittee's April 19 hearing where he went in "with an open mind, but came away from it deeply troubled about (USDOT's) position."
Meadows questions USDOT's theory when allocating PABs to AAF, including the "most recent $1.15 billion allocation (which was) not spent on the AAF project itself. Instead, (it was) spent on the highway-rail crossings on the rail corridor on which it will run - a corridor owned by an entirely different company that has granted AAF an easement to run its trains. This creates substantial problems..."
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