Scott turns down $2 billion in federal rail money

Nice to have an adult in charge of Florida.

Gov. Rick Scott has turned down more than $2 billion in federal money for a high-speed rail project that would link Tampa and Orlando.

"The truth is that this project would be far too costly to taxpayers and I believe the risk far outweighs the benefits,'' Scott said this morning in a release announcing his decision to turn down the rail money.

Scott said he weighed three main points in deciding to turn down the money:

Cost to build the project could cost Florida taxpayers up to $3 billion; ridership and revenue projections could be overly optimistic and that if the federal government decides to shut down the project, the state would have to return the money.