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Taxpayers must pay the freight for over-budget train projects
Topic - David Scanzoni
Five months after President Obama's made-for-media convention in Charlotte, N.C., the host committee for the three-day Democratic bash still has not paid off an unprecedented $10 million loan secured by Duke Energy, and there is no way of knowing whether it will ever be paid back.
Duke Energy spokesman David Scanzoni stressed that his company served only as the loan guarantor and wouldn't disclose which banks had made the loan or the repayment terms.
"I can't comment on who the institutions were," he said, referring the questions to Dr. Murrey.