February 9, 2011
Obama Administration Wants $53 Billion for High-Speed Rail
The Obama administration is proposing to spend $53 billion over the next six years to help promote the construction of a national high-speed, intercity passenger rail network, Vice President Joe Biden announced Tuesday.
The proposal represents a significant expansion of the $10.5 billion already spent on high-speed rail expansion since Obama entered office, including $8 billion in the 2009 economic stimulus package.
TAGGED: Obama Administration, High Speed Rail