The DM&E railroad’s hoped-for $2.3 billion government loan is now officially dead. According to Minnesota Rep. Tim Walz, there is no appeal, there are no conditions. Over a year of angst and worry, thousands of hours invested, hundreds of thousands…
The Federal Railway Administration today turned down a requested $2.3 billion loan for the DM&E railroad, based in Sioux Falls, S.D. Below is the FRA statement, released this afternoon:
Monday, February
…
The Minneapolis Star Tribune has opined on the proposed DM&E expansion in the past, and it does so again today, no doubt in response to the lawsuit filed on behalf of the Rochester Coalition and the Mayo Clinic demanding…
The Rochester Coalition and the Mayo Clinic filed suit Tuesday in U.S. District Court in Washington, D.C., asking the Federal Railroad Administration to turn over documents related to the DM&E railroad requested in a Freedom of Information Act…
Not too long ago we posted a scorecard reflecting the players on the DM&E $2.3 billion, no collateral, taxpayer-guaranteed loan controversy. Since then, much has changed with the introduction of bills in the Senate and House requiring Congress to…
Republicans, Democrats combine to thwart Sen. Thune, DM&E back-door deal
One would think that it would be a cold day in hell or a consistently 70º Minnesota winter to see newly elected Minnesota Reps. Tim Walz and Michele…
The proposed $2.3 billion loan is an absurd taxpayer subsidy, but keeping the railroad on track as a regional shipper should be a priority.
The fact that the $2.3 billion proposed loan to the Dakota, Minnesota & Eastern…
The president of the United Transportation Union today blasted the proposed $2.3 billion federal loan to the DM&E Railroad as a bad deal for its members and likely a poor investment for American taxpayers. The UTU represents DM&E employees.
“If…
UPDATE: Since this article was originally posted, the United Transportation Union has declared its opposition to the proposed DM&E loan. See “United Transportation Union Blasts DM&E Loan“.
The football season ends but politics remain with us forever. For…
It’s no secret that U.S. Rep. Tim Walz has some issues with the expansion of the DM&E railroad and the bloated federal loan scheduled to be handed to DM&E. As the Minnesota Democrat delivered comments from his constituents to the…
Do you know where to vote on Election Day? Do you know what to bring with you? Get comprehensive voter information for your state here.
