An article posted on Grist.com explores the national transportation bill that Congress will likely pass this year. According to the article, it is a bill that "comes up only about once every six years." I believe its technical name is "Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users."
This passage caught my eye:
UPDATE: This December 2009 New York Times article provides additional background and details on the transportation bill.
This passage caught my eye:
I recall reading several weeks ago that $50B was roughly the total amount of money needed to fund all of the high-speed-rail applications submitted by states. While I'm sure the $50B figure quoted in the article is far from final, it got me thinking: would $60B over 10 years be enough to revolutionize our nation's rail transportation system?The last transportation bill was funded to the tune of $286 billion over six years; the current proposal by Minnesota Democrat James Oberstar, the chairman of the House Committee on Transportation and Infrastructure, would increase that amount to $500 billion over six years, including $50 billion for high-speed rail. Rep. Oberstar testified in July that the bill will “create or sustain approximately six million family-wage jobs.
UPDATE: This December 2009 New York Times article provides additional background and details on the transportation bill.
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