DOT saves taxpayers over $60M by terminating Texas high-speed rail contract

The US Department of Transport announced on Monday that it will provide US taxpayers more than $ 60 million by ending a grant to help finance the high -speed railway project in Texas.

Transport Minister Sean Duffy announced this announcement, saying that an agreement between the Federal Railways Administration (FRA) and Esraba to end a grant of $ 63.9 million.

The grant was granted to Amtrak as part of the Ettrak Texas Railway Corridor, previously known as the Central Texas Railways Project.

“I am pleased to announce that FRA and Amtrak agree that the subscription in this project is a waste of taxpayer funds and distracting the basic task of Estrak of improving its current lower services.” “If the private sector believes that this project is possible, they must continue to work before construction, rather than relying on amtrak and US tax motivated to save them. The ministries will continue to search for every opportunity to provide federal dollars and set the priorities of efficiency.”

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The Texas Central Railway project was originally announced as a special project, but the cost estimates are increasing dramatically, and the project has become dependent on the Federal dollar and Emperor to develop it.

Dot said that the capital cost of the project is more than $ 40 billion, adding that the price makes the construction unrealistic. The cost also makes the project a risky project for taxpayers.

Amtrak has struggled with the deficit of operation, although the ride has recovered since the epidemic.

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I have fought Amtrak with the operating deficit, although the ride has recovered since the Covid-19 pandemic. (AP/File)

The main rail company in the United States has also faced operational challenges, including the loss of the Fleet of the Horizon for Corrosion and Delay in the northeastern corridor.

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Dot said that, according to the Biden Administration, it was considered huge loans prior to the US government, as well as grants, to be able to take over construction activities.

It allows to move away from the Texas project to allow Amtrak to focus on the improvements that are needed to be more reliable for its passengers, according to The Dot.

“The city’s residents

Amrac has struggled with the deficit of operation. (Grame Sloan/Bloomberg via Getty Images)

“Connecting Dallas and Houston is still one of the most exciting opportunities for a new passenger railway in the United States,” said FRA’s chief adviser to FRA. “Today’s advertisement reflects a recognition by Amtrak and FRA that submitting the Central Texas Railway proposal is the best use of taxpayer financing.”

Amtrak did not respond to the Fox News Digital request to comment on the matter.

According to Dot, FRA will continue to search for new railways.

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DOT added that the $ 60 million, which was provided by terminating the project, will be re -allocated to other projects that “support safe, effective and reliable railways.”