FL: Rubio Challenges Legitimacy of Brightline Financing

April 24, 2018
Sen. Marco Rubio, R-Florida, Tuesday cast doubt on Brightline's approval for $1.75 billion of tax-exempt bonds, crucial financing for the Miami-to-Orlando passenger railroad.

Sen. Marco Rubio, R-Florida, Tuesday cast doubt on Brightline's approval for $1.75 billion of tax-exempt bonds, crucial financing for the Miami-to-Orlando passenger railroad.

Rubio's letter to transportation Secretary Elaine Chao follows a Capitol Hill hearing last week during which congressmen blasted Brightline and the U.S. Department of Transportation — which approved the bonds — for possibly circumventing federal law and defying congressional intent regarding the financing.

Rubio's letter followed up on those themes and called for "increased transparency" on the issue.

Read the complete article at https://www.tcpalm.com/story/news/local/shaping-our-future/all-aboard-florida/2018/04/24/exclusive-rubio-challenges-legitimacy-brightline-financing/545512002/