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Billion. supporters calling it a vital lifeline between los angeles and las vegas. critics say it is a risk that taxpayers cannot afford to take. ainsley, i used to drive to las vegas as college student. but that is another story. >>reporter: do you remember it? speaking of secrets --. >>gregg: i have a vague recollection. >>reporter: what is happenings i-15, desert express, a private company, wants to be the first to bring high-speed rail to that area, to the united states, but the 150 miles per hour train will cost the taxpayer $5 billion to build. some say it is the fail rail, the train fro...

The reason that you are seeing this happen is las vegas sees a reason for it. >>reporter: what is standing in the way of turning this into an oasis? it is money. with private funds drying up, the desert express is asking you to chip in. they say they need at least $5 billion in taxpayer money in the form of a loan. >> solyndra is supposed to be paid back, also, and we know how that worked out. i don't buy it. >>reporter: the loan will come from the federal railroad administration which has $35 billion allocated for our railroads but concerns linger. will the company make enough money from the ...

It, we'll give you the 5 billion for the company as long as you pay it back and that's the question, will they be able to or are enough people going to ride that train to make that 5 billion dollars back for the federal government. >> it's coming to the people and subscribe to this. >> what are the chances of this coming. >> the chances are high, and the government has 35 billion dollars to spend and this is going to be 5 billion dollars, and they will probably get this money to build the train. and harry reid is behind this and a lot of republicans as well and casino owners are behind it, as ...

Come from the federal railroad administration financing program to which congress has appointed about $35 billion for projects like this. >> they are tasked with doing that. that was the mandate interest congress.m >> as long as that loan is paid back in full down the road maybe a lot of people out there watching are saying i'm fine with it. how can we guarantee that the loan is going to be paid back? >> it is up to desert express to market this properly. it does give an option to people who do not want to sit in the traffic or even sit in their cars driving through the desert and enjoy a shor...

Barack obama hand chosen to say what he wants them to say. >> the entire press corps they are all press secretaries then because they use the same language. evolve. forget it. coming up, wait until you hear this. what one of president obama's bundlers said about our ally israel. so will he return her donations? probably not. tonight you don't want to miss it. the great one mark levin takes on the cia double agent leak and claims this is poe let cali motivated. his epic rant coming up. it has been called the train to know where. investigation of ainsley earhardt into her project that could end ...