“Texas Central Railway has been adamant that it will never accept subsidies or government money and that the project will be 100% privately funded.

Last but not least, this project will be funded almost entirely through government-backed loans and Japanese investors. Of the 11 counties the train will run through, 9 oppose the project. TCR boasts that the project will create 10,000 jobs but neglects to mentionmost of those jobs could very well end up created in Japan.

The company acknowledged it wouldn’t rule out applying for federal loans to help fund the project and partnered with a Japanese company, Central Japan Railway, to provide the technology for the rail line. Yet, Texas Central Railway, a private company, is racing down the tracks to build a taxpayer subsidized $10 billion bullet train from Houston to Dallas. Compare this to Democrat run California that is wasting $68 billion of taxpayer money on its high-speed, high cost rail project.Īmtrak, America’s inefficient, accident-prone, government run, debt riddled rail system, is evidence enough that the federal government shouldn’t be in the rail business. After their Democrat predecessors spent $45 million, Florida Governor Rick Scott and Wisconsin Governor Scott Walker canceled their train projects to spare taxpayers the costs. Three states, Florida, Ohio and Wisconsin received grants to build high-speed trains.īut when Republican governors were elected in all three states, they canceled the projects, realizing what a colossal waste of money it was.

Remember President Barack Obama’s disastrous high-speed train plan announced in 2009? Even though Americans wanted jobs, even shovel ready ones, Obama forced Congress to include nearly $11 billion in the stimulus bill for high-speed rail projects.

Con job by crystal wright