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    Gambling Taxpayer Money on a High-Speed Train to Vegas

    Even as the President and Congress have again failed to deal with the genuine fiscal threats facing the nation, the Department of Transportation (DOT) is considering gambling $5.5 billion in taxpayer funds on a high-speed train to Las Vegas. The loan could be approved under the Federal Railroad Administration’s Railroad … More

    XpressWest High-Speed Rail Project: Speeding Toward a Taxpayer Bailout

    Outdated forecast data containing rosy economic assumptions and signaling potential cost overruns plagues the planned $6.9 billion XpressWest high-speed rail project connecting Victorville, CA, to Las Vegas, NV, according to a new Reason Foundation report. If it fails, the seriously flawed plan could put taxpayers on the hook for billions. … More