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Transcripts for CNN CNN Newsroom With Carol Costello 20150515 13:21:00

and we could take some of the congestion out of there, and get true high-speed traffic in there, and we don t have to vest public money, and the private sector will do it, and virgin trail did it in england. let s talk about privatization for just a second. amtrak lost $227 million last year and needs $52 billion in infrastructure work and the technology that positive train control that would have presented the philadelphia derailment cost $52,000 per mile of track, and if you own a private rail company, if you are a private company, congressman micah, would you buy amtrak? you don t have to buy amtrak. the university of pennsylvania showed a route with parallel lines where you could put in high speed rail. the private sector will come in and invest and they have done it around the world and they will provide good and efficient service at a reasonable cost and provide competition, so we don t

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