So the auction is not for the best projects proposed nationwide, but between a range of projects serving the same urbanized area.
So the legislation would define parameters for an HSR project to bid for funding out of the accounts for the municipalities and counties it serves, in project-by-project competition, all on a level playing field with the 80/20 federal local funding for Interstate Highways. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.