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AP Enterprise: Vegas rail: a gamble or good thing?

AP Enterprise: Feds appear ready to loan billions to Reid-linked firm to build Las Vegas rail By The Associated Press

VICTORVILLE, Calif. (AP) ' A Nevada company is on the verge of landing a $4.9 billion loan from the Obama administration to build a high-speed train that would rocket tourists from the middle of nowhere to the casinos of Las Vegas.

The vast park-and-ride project is hooked to the idea that car-loving Californians will drive about 100 miles from the Los Angeles area, pull off Interstate 15 and board a train for the final leg to the famous Strip.

Planners for privately held DesertXpress imagine that millions of travelers a year will one day flock to a station outside down-on-its-luck Victorville, on the edge of the Mojave Desert.



A decision by the Federal Railroad Administration is not expected until mid-year.


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