Libertarian Group Takes Aim at Central Florida High-Speed Rail
Submitted by Kevin Derby on December 2, 2013 - 2:50pm
Libertarian think-tank Reason Institute unveiled a study focusing on high-speed rail in Central Florida. Wendell Cox and Adrian Moore argue in the study that the state of Florida will be facing major defecits if high-speed rail connects Tampa and Orlando and Gov. Rick Scott was wise to avoid it.
Looking at estimates showing the high-speed rail project would be a wise investment, Cox and Moore argue it is a money loser. The reality is that Florida taxpayers would face deficits of $50 million to more than $300 million in 2026, they write.
The full study can be read here.
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