Thursday, December 11, 2008

Examiner Editorial Questions Stimulus and Dulles Rail Spending

According to an editorial in today's Washington Examiner, the Federal Transit Administration's approval of $900 million towards the $6 billion Dulles Rail Metrorail extension through Tyson’s Corner to the airport "will cost taxpayers an estimated $25 billion to build, operate and maintain over the next 40 years. But gridlock will still be a daily nightmare, according to official projections."

The editorial goes on to add that "Dulles Rail also includes an unprecedented level of local funding, as 95 percent will come out of the pockets of Fairfax and Loudoun County residents." Further, the Examiner notes that the "relative handful of wealthy Tysons Corner developers with land along the rail route will make billions following their modest $400 million contribution to construction costs."

What's your take on this editorial? Leave any comments below.

For the latest Loudoun County traffic news and information, subscribe to Loudoun County Traffic via your favorite RSS reader, or get Loudoun County Traffic by e-mail.

No comments:

Post a Comment