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jl653
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It appears that the $8B in the stimulus may only be the beginning:
White House weighs high-speed rail investment
Wed Feb 18, 2009 11:57pm GMT
WASHINGTON (Reuters) - The Obama administration is seriously considering an effort to develop high speed passenger rail service, an initiative long on planning but unrealized nationally because of financial and logistical hurdles and insufficient political backing.
Transportation Secretary Ray LaHood on Wednesday said his agency has submitted a report to the White House outlining at least six corridors for possible service as well as cost and timeline estimates.
"This is going to be President Obama's, I believe, top transportation priority," LaHood told reporters. "They asked us to give them as much information as we could."
LaHood did not identify rail corridors other than to say it would be a national effort. High speed initiatives are in various stages of planning in California, Florida, Nevada, the Carolinas, the Northeast and the Midwest.
LaHood also acknowledged
the overall cost for high-speed service would go way beyond the $8 billion in rail funds included in economic stimulus legislation
approved by Congress last week and signed by Obama on Tuesday.
http://uk.reuters.com/article/usPoliticsNews/idUKTRE51H7YH20090218
http://uk.reuters.com/article/usPoliticsNe...E51H7YH20090218
http://uk.reuters.com/article/usPoliticsNews/idUKTRE51H7YH20090218
White House weighs high-speed rail investment
Wed Feb 18, 2009 11:57pm GMT
WASHINGTON (Reuters) - The Obama administration is seriously considering an effort to develop high speed passenger rail service, an initiative long on planning but unrealized nationally because of financial and logistical hurdles and insufficient political backing.
Transportation Secretary Ray LaHood on Wednesday said his agency has submitted a report to the White House outlining at least six corridors for possible service as well as cost and timeline estimates.
"This is going to be President Obama's, I believe, top transportation priority," LaHood told reporters. "They asked us to give them as much information as we could."
LaHood did not identify rail corridors other than to say it would be a national effort. High speed initiatives are in various stages of planning in California, Florida, Nevada, the Carolinas, the Northeast and the Midwest.
LaHood also acknowledged
the overall cost for high-speed service would go way beyond the $8 billion in rail funds included in economic stimulus legislation
approved by Congress last week and signed by Obama on Tuesday.
http://uk.reuters.com/article/usPoliticsNews/idUKTRE51H7YH20090218
http://uk.reuters.com/article/usPoliticsNe...E51H7YH20090218
http://uk.reuters.com/article/usPoliticsNews/idUKTRE51H7YH20090218