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On Thursday, the Senate majority leader said the maglev train, which carries an estimated $12 billion price tag and would rely on federal money, wasn't realistic. "We just simply don't have the money," Reid said. The senator's preferred project is now one advocated by powerful Republican lobbyist and political ally, Sig Rogich. The electric DesertXpress train would travel at speeds of up to 150 mph and would stop 85 miles short of Los Angeles in Victorville, Calif. DesertXpress backers say the project's estimated cost of up to $4 billion will be privately funded with the help of federal loans. The president of the group backing the maglev project said he was surprised by the officials' public endorsement for DesertXpress. When the Obama administration announced its plan to fund high-speed rail earlier this year, Neil Cummings said he thought maglev was poised to get some stimulus money. Even without Reid's support, Cummings said the project will move forward.
[Associated
Press;
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