It has been the last few months for Amtrak. Chief Executive Officer Stephen Gardner resigns with a classy statement. This, follows Elon Musk’s privatization comments. In addition, Amtrak faces a response to corrosion anxiety, which is caused A decline to the Cascades and Borealis train.
Amtrak is now facing another cut, this time for an exciting future project. Texas high -speed train has the potential to connect Dallas and Houston at a speed of 205 mph. However, the potential has now been cut. We will take a closer look at why the project will no longer be funded, and what is the future for Texas high -speed trains.
In addition, we will see reactions from train enthusiasts related to these new cuts.
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Financing for Dallas to Houston High Speed Train was officially cut
The plan was to create a 205-MPH high-speed train project between Dallas and Houston. The 240 miles have a potential travel time less than 90 minutes between two of the five major US metropolitan areas. Amtrak is seen as the perfect partner for the project, but the financing is now over.
US Transport Department Secretary Sean P. Duffy announced on Monday that the Federal Railway Administration (FRA) and Amtrak had agreed to end the $ 63.9 million grant for the project. The cost continues to rise. The total cost is believed to be over $ 40 billion. With such a budget, the construction is seen as unrealistic and risky for taxpayers.
US Transport Secretary Sean P. Duffy announces“I am pleased to announce that the FRA and Amtrak agree that the underwriting of the project is a waste of taxpayers’ funds and interruptions from the Amtrak core mission to improve their existing subpar services. My department will continue to look for opportunities to save the Federal Dollar and prioritize efficiency.”
With the end of the project, his trust is that Amtrak can focus on “necessary improvements” such as reliability.
FRA reveals that it is not the end of the road for the relationship between Dallas and Houston
FRA Chief Advisor Kyle Fields issued a statement on financing cuts for the project. Although it lowers some, the field reveals it is not the end.
“Connecting Dallas and Houston remains one of the more exciting opportunities for new passenger trains in the United States,” said FRA chief lawyer Kyle Fields. “Today’s announcement reflects the recognition of Amtrak and FRAs that give the Federation to the Texas Central train proposal is not the best use of taxpayer financing.”
The FRA also states that this is not the end of the new project, as it has an exciting project in the work -with increasing capital due to Texas high -speed train default.
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How Online Users respond to financing cuts for Texas high -speed train
Online reactions are mixed to put things well … As expected, train lovers are not very happy with the announcement. Smooth RedditThe most popular reaction is to oppose the decision to cut financing towards the project.
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The user writes: |
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“Meanwhile, I-35 is decorated twice in several parts of the country. I hate it here.” |
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“TL; Dr. financing, the project is canceled.” |
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“Not a highway project will cut off its financing due to balloon costs, however.” |
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“$ 60 million is a small amount of money as far as these projects go.” |
Make sure you tell us your thoughts on cutting financing for Texas high -speed train. Is the right call?