March 13, 2013
House Budget Committee Chairman Paul Ryan and Sen. Jeff Sessions, the top Republican on the Senate Budget Committee, claimed that the project is “costly, wasteful and risky.” ExpressWest’s founder/CEO and the National Association of Railroad Passengers both spoke out to defend the project.
December 2, 2011
Will use loan to fund a portion of its contribution to the project and will begin drawing on the funds in 2013. In addition to FTA's contribution to the project, a consortium of private companies, known as the Denver Transit Partners, is responsible for financing around 24% of the project through tax-exempt private-activity bonds issued by RTD, equity contributions and other means.
July 7, 2011
County commissioners may authorize an emergency $100 million bridge loan for the struggling Miami-Dade Transit so it can continue work on key capital projects.
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