Austin (1080 KRLD) - A Texas congressman has spoken out against the Texas Central high-speed rail project.
Congressman Kevin Brady of the Woodlands has introduced an amendment that would require Texas Central and other high-speed rail outfits to show how they will secure any federal loans.
"My amendment would require borrowers to document a revenue stream with the sole objective of paying off the loan. [If] the federal government is going to lend money to the project you have to make sure they have a plan to pay it back," said Brady.
Brady has also expressed his disappointment that the Texas Supreme Court declined to hear against Texas Central, in particular it's eminent domain authority to seize property.
"I am disappointed by the Texas Supreme Court’s decision. By freeing up Texas Central to use eminent domain authority, the Court is neglecting to protect the liberties of Texas landowners whose farms, ranches and homes sit along the proposed route. Many questions still remain on the feasibility and financing of this project, and I will continue to fight against anything that would grant this company the ability to seize property without the consent of landowners," said Brady in a recent statement.
The Texas Central project is looking to provide a high-speed rail route that could complete the roughly 240-mile journey from Dallas to Houston in just 90 minutes.
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