Take a pass on trains

(Cato Institute) Michigan should be grateful the federal government allocated only $244 million to the Detroit-Chicago high-speed rail corridor. To qualify for the really big federal rail grants, California and Florida agreed to put up billions of dollars of their taxpayers’ money — money the states don’t have and can’t spare — in matching funds for construction. California has a $20-billion budget shortfall; Florida a $3-billion shortfall.

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