From tcpalm.com’s Lisa Broadt
Congressmen on Thursday blasted Brightline for possibly circumventing federal law to obtain $1.75 billion of tax-free financing. Moreover, they suggested in a Capitol Hill hearing, financing for the Miami-to-Orlando passenger railroad could be in jeopardy.
Brightline President Patrick Goddard, meanwhile, defended the railroad’s use of private-activity bonds. Railroad opponents who continue to question the financing, he testified, are “narrow-minded,” selfish and determined to stand in the way of progress.
The hearing of the House Oversight Subcommittee on Government Operations was held at the urging of Rep. Brian Mast, R-Palm City, a vocal opponent of the railroad.
Watch the hearing:
https://www.youtube.com/watch?v=7wV1k16z4tU