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Maglev Funding Giveth, Taketh Away

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Via the Las Vegas Review-Journal: "The magnetic levitation train proposal appeared to glide ahead of its rival DesertXpress when the governor announced Wednesday that the Federal Railroad Administration released $45 million to Nevada transportation officials to begin the project. But the "maglev" train's momentum was stalled Thursday when the railroad administration made an announcement of its own: [Gov] Gibbons' declaration was not true." The Federal Railroad Administration is denying any funding; Gibbons' people insist the deal may not have closed, but that the promised money is coming next week aka the check is in the mail. [Las Vegas RJ]