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!

Florida Gets $800 Million for High-Speed Rail

Florida is getting another $800 million in stimulus money to build a high-speed rail from Orlando to Tampa.

The project is estimated to cost $2.6 billion, and the additional $800 million will bring Florida only $300 million away from this estimate.

It is believed that the high-speed railway will help Florida's economy by providing construction and operational jobs, as well as increasing tourism and travel throughout the Central Florida region.

Plans are also in the works of extending the high-speed railway to connect Orlando and Miami.