As the battles over collective bargaining in Wisconsin, and now the disasters in Japan, have dominated the news over the last month, you may have missed Florida Governor Rick Scott’s rejection of federal funds to build a high-speed rail line between Tampa and Orlando. Scott turned away the $2.4 billion for the project because he was concerned about cost overruns that Florida taxpayers may have had to cover. According to a new study by the Florida Department of Transportation, though, the governor’s fears are not only unfounded, but represent a missed opportunity to create some economic growth in the Sunshine State.
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