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Austin Commuter Rail - Good Deal or Bad Deal?
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<p>[quote user="oltmannd"]</p> <p>This was a line that didn't meet the FTA's requirements for federal funding if I remember right. Guess the Feds were right, on this one. This is just more fodder for the "anti" gang. Sigh.</p> <p>I suppose when Austin gets tired of the subsidy, they can always sell the equipment to NJT for the RiveLine expansion. [/quote]</p> <p>I don't believe that Capital Metro took any federal dollars. I don't know whether they applied for any. The did, however, have dealings with the Federal Government. They had to get ten exemptions from the Federal Railroad Administration for the Stadler cars.</p> <p>As another poster pointed out, when gasoline returns to north of $4.00 per gallon, as it surely will, more people are likely to opt for the train. But as I point out in my post, even if the Stadler cars run at capacity, the system will still require a hefty subsidy.</p>
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