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Gov. Rick Scott rejects federal high-speed rail funding. What do you think?

Sean Kinane about about 3 years ago

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Here's the statement we just received from the Governor's office.

Florida Governor Rick Scott Rejects Federal High Speed Rail

Tallahassee, Fla. – After thoughtful consideration, Governor Rick Scott informed U.S. Transportation Secretary Ray LaHood of the state’s decision to reject President Obama’s Tampa to Orlando high-speed rail project.

Below are Governor Scott’s Remarks as Prepared:

·As you know, I was elected to get Floridians back to work and to change the way government does business in our state.

·I am committed to making good on those promises.

·Recently, I sent a budget proposal to the legislature that reduces the size and scope of government; reduces the costs of that government and passes those cost savings on to taxpayers so that we can create new jobs and turn Florida’s economy around.

·I believe when you reduce government’s reach and hold that government accountable, you create an environment where the economy can flourish.

·When you reduce taxes and put that money back in the hands of hardworking Floridians and Florida businesses, that money will be spent on creating private sector jobs

·As you know, my background is in business, not politics. But you don’t have to be an economics expert to understand that if you spend more money than you take in, your business will fail.

·Unfortunately, politicians haven’t always seemed to grasp that same principle.

·In fact, the Obama administration just announced a $3.73 trillion budget that includes the largest budget deficit in our nation’s history ($1.65 trillion).

·The president’s budget includes $1.6 trillion in higher taxes.

·Those higher taxes will impact Floridians and our competitiveness worldwide. We cannot expect individuals to build businesses in America if our taxes are higher than other countries.

·Higher taxes and more government spending is a recipe for disaster. Government has become addicted to spending beyond its means and we cannot continue this flawed policy.

·Let us never forget, whether it is Washington or Tallahassee, government has no resources of its own. Government can only give to us what it has previously taken from us.

·That is why today I am announcing my decision to reject the Obama administration’s plan to partially-fund the costly Tampa to Orlando high-speed rail project.

·Moments ago I spoke with u.s. transportation Secretary Ray LaHood to inform him of my decision. I appreciate the secretary’s efforts to work with us and I look forward to working with him in the future.

·My decision to reject the project comes down to three main economic realities:

o First – capital cost overruns from the project could put Florida taxpayers on the hook for an additional $3 billion.

o Second – ridership and revenue projections are historically overly-optimistic and would likely result in ongoing subsidies that state taxpayers would have to incur. (from $300 million - $575 million over 10 years) – Note: The state subsidizes Tri-Rail $34.6 million a year while passenger revenues covers only $10.4 million of the $64 million annual operating budget.

o Finally – if the project becomes too costly for taxpayers and is shut down, the state would have to return the $2.4 billion in federal funds to D.C.

·The truth is that this project would be far too costly to taxpayers and I believe the risk far outweighs the benefits.

·Historical data shows capital cost overruns are pervasive in 9 out of 10 high speed rail projects and that 2/3 of those projects inflated ridership projections by an average of 65 percent of actual patronage.

·It is projected that 3.07 million people will use the train annually. Keep in mind that Amtrak’s Acela train in Washington, D.C., Boston, Philadelphia, New York and Baltimore only had 3.2 million riders in 2010. And that market’s population is 8 times the size of the Tampa/Orlando market.

·President Obama’s high-speed rail program is not the answer to Florida’s economic recovery.

·We must make investments in areas where we will get a return for the shareholders – Florida’s taxpayers.

·Rather than investing in a high-risk rail project, we should be focusing on improving our ports, rail and highway infrastructure to be in a position to attract the increased shipping that will result when the panama canal is expanded when the free trade agreements with Colombia and panama are ratified and with the expansion of the economies of central and south America.

·By capturing a larger share of containerized imports entering our seaports, expanding export markets for Florida businesses and emerging as a global hub for trade and investment we can create up to an additional 143,000 jobs according to a recent chamber of commerce study.

·It is absolutely critical that we make smart investments with taxpayer dollars, whether state or federal, and I believe our state will be better served by spending these funds on projects that will benefit Florida and not turn into a spending boondoggle.

·The answer is to reduce government spending, cut government’s leash on our state’s job creators and then hold that government accountable for the investments it makes.

·That is what I was elected to do and that is how I plan to govern. Let’s get to work!

Previous WMNF coverage of high-speed rail

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Comments

so sad

is there anyway we can stop him? does he really have the authority to STOP our money from coming to this project?

Your problem is obvious…

Hay… Governor DUMASS… if you pulled your head out of your keester you might be able to look to the future!!!

Very disheartening

I've been thinking... if Charlie Crist would have run for a second term as Governor (and he probably would have won), I think then we wouldn't be dealing with all this uncertainty on high speed rail. I don't think that Crist would have refused federal funding for HSR like Scott is doing. I also think this is part of Rick Scott's efforts to run for President someday, which is a very frightening prospect indeed. He will be the Tea Bagger candidate for 2012. Who wants to bet?

In shock!

I read that he does not have the authority to reject funding for this project - is that true? I can't imagine that any "governor" can be this out of touch with both technology, reality, and his constituents. Its the future.... I'm shocked!

Good old Rick-gettin' to "work"

It didn't really surprise me. I wish we could impeach this crook. And I wish there was some law that could make him take this money and get this project going. Thanks for keeping Florida in the 19th century, Rick. Let's get to work...well, not until Ricky likes it...

He Did the RIGHT Thing

He did the right thing. This train would have gone unused and ultimatly cost the taxpayer billions. He did the smart thing. Thanks governor!

He's a pin-head

sorry, but what can you say when people (present company included) don't have a progressive viewpoint of the future and positive growth potential. Imagine if they would have said, "No railroads down the east and west coasts of Florida, nobody lives there anyway. What a waste of money." Again, SORRY, but he/they are PIN-HEADS!!!

His problem is still obvious...

BUSHIDO!!! He didn’t even wait for a complete economic impact study.

GO RICK GO!

good thing you guys aren't in charge. you'd empty the state's coffers and build every homeless bum a home in no time. thank goodness cooler heads have prevailed

Walk toward the light...

Derrick... the coffers ARE empty and we're talkin about choo choo trains not the homeless... but now that you mention it... there would be a lot of bridges built.

GO RICK GO! SAVE MY STATE!

The coffers would be even MORE empty than they are now if this silly project had gone forward. If you're the person in charge, you don't have the luxury of thinking with your heart and must use your head instead to make correct long-term solutions for the good of the people. This isn't a popularity contest. It's business.

PLEASE... walk into the light!!!

Actually… high speed rail IS more popular with the majority of the populace… which does make it a popularity contest!!! But the coprolitic mindset of Gov. DUMASS just can’t see that far ahead.

Que?

You're not making any sense. It's not a popularity contest but if it was, more people voted for Rick Scott which sort of indicates they don't want a train to nowhere. No tax for tracks!

Que!!!

Dude… Gov. DUMASS didn’t run against high speed rail!!! He said he wanted more information about the project!!! He also led us to believe he was pro HSR… but wanted to review ALL aspects of the project before he accepted the funding!!! Gov. DUMASS misled many conservative independents. I’m betting he will be a one term Governor.