Jeff Denham: “I would--I hate to assume anything in politics, but it seems to me that if a State or a project came back to the Federal…”

“I would--I hate to assume anything in politics, but it seems to me that if a State or a project came back to the Federal Government and said, 'Hey, trust us, let me give you some information and show you how great we are, we would like to have a waiver so that we can spend all the Federal money upfront instead of doing the obligatory State match at the same time,' that at some point you would be looking at an audit or some type of guarantee to say this is less riskier than the other corridors, or other projects, because of a lower risk and a larger guarantee that the project will be done and the grant will be fulfilled.”