Tuesday, March 15, 2011

Florida Loses $2.4 Billion for High-Speed Trains

The Obama Administration took back $2.4 Billion allotted to Florida for a high-speed train planned to run from Orlando to Tampa.

Florida Governor Rick Scott rejected the high-speed rail proposal because of high operating costs, despite a study done by the Florida Department of Transportation (FDOT) which concluded the rail would have an operating surplus in its first year of operation.

There are split opinions on the rejection of the project, which would have created jobs for the high number of unemployed Floridians. What do you think of Rick Scott's decision? Let us know in the comments!

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