Doute insisted that there is no high-speed rail corridor in America that can be financed primarily by private sources, or in France either, for that matter. He said tax money would need to cover about 57 percent of the costs of a Texas line, with the private operator — a company like his, for instance — directly investing about 17 percent. The company could finance the remaining 26 percent, and pay it over over time using the profits from the rail line.
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Filed under: Passenger Rail Transportatio Policy, Regional USA Passenger Rail, United States High Speed Rail
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