The All Aboard Florida choo choo train project is not as popular as the group pushing for the new rail service from Miami to Orlando would like Floridians to believe.
Rep. Alan Grayson (D) supports the train, but his Senate primary opponent, Rep. Patrick Murphy (D) does not.Murphy is not alone. Many, if not all of the Republican congressional candidates looking to replace him in 2016, are all said to oppose the train.
No word yet on where the Democratic congressional candidate stand on the issue.
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In speaking to residents in Martin, Palm Beach, and St. Lucie Counties, where the train will pass through, the sentiment is the same as Murphy’s and the GOP field of congressional candidates.
The biggest issues residents in on the Treasure Coast are having with All Aboard Florida is that they believe the rail project is being, or will be subsidized by taxpayer dollars, and that the existing daily traffic congestion will probably increase due to the new proposed train schedule.
All Aboard Florida says that the project is solely funded by private business, and has not, nor will it ever be taxpayer funded.Regardless of anyone’s dissatisfaction, the train is on track for completion.
All Aboard Florida just got a big boost in its funding.
A successful sale of the the $1.75 billion in bonds, which will be marketed to accredited investors and institutional buyers at no risk to taxpayers, will mean All Aboard Florida can pay for its $2.5 billion project. It will also be able to pay off $450 million in high-risk bonds it sold last year to begin construction on the Miami to West Palm Beach leg.-PB Post
Area residents and politicians alike, wait with baited breathe to see if the project will receive a helping hand from local, state or federal governments