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XpressWest

Republicans call to reject $5.5B Calif.-to-Vegas HSR loan

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.

Calif. to Vegas HSR waiting for $5.5B fed loan

An XpressWest representative attributed the extensive wait to the complexity of the project and amount of due diligence the Federal Railroad Administration must complete to approve the loan.