Tuesday, March 10, 2009

High Speed Rail On Fast Track Under Obama Administration

President Obama's initiative to fund high-speed and intercity passenger rail programs includes $8 billion in stimulus money (American Recovery and Reinvestment Act of 2009) and $5 billion more over the next five years in the administration's proposed FY 2010 transportation budget. In total, nearly half of the $48 billion in stimulus money for transportation projects will go toward rail, buses and other non-highway projects, including $1.3 billion for Amtrak and its rapid rail service, Acela. (Wash Post, 3/8/09)

No comments: