A libertarian think tank is publishing a report today claiming taxpayers may be in for a raw deal if the federal government offers a loan to a company planning a high-speed rail line linking Victorville to Las Vegas. The company, XPress West, is proposing to build a rail line that could travel as fast as 150 mph, and the Federal Railroad Administration has approved the firm’s planned route from Victorville to Las Vegas. What the government has not yet agreed to, however, is Xpress West’s application for a multi-billion dollar loan to build the rail line Continue reading →