Yesterday, Vice President Joe Biden announced that the Obama administration is investing $53 billion in high speed rail development over the next six years.
The money will go towards building new high speed rail corridors and outfitting existing lines for high speed. In the State of the Union address, the president discussed his desire to give 80 percent of Americans access to high speed rail by 2025 and it looks like he's ready to get moving on that goal.
The administration already dedicated over $8 billion for high speed rail development in the stimulus package, but this new announcement is a much bigger commitment to making it a reality.
The details of the plan should be announced next week, but 11 major corridors have already been identified by the administration as optimum routes for high speed rail. A similar, but more extensive plan was unveiled by the US High Speed Rail Association last year.
via LA Times
written by Lynn, February 11, 2011
written by sarah, February 12, 2011
written by Chuck, February 17, 2011
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