Obama boosts high speed rail and transit spending

[Metroland]

USA: At a ceremony in Denver on February 17, President Barack Obama officially signed the American Recovery & Reinvestment Act, a $787bn economic stimulus measure which provides nearly $50bn in direct funding for transport investment.

The 1 100-page bill provides $8·4bn for transit, $1·3bn for Amtrak, $8·4bn for high speed passenger rail projects and $27bn for roads and bridges. The high level of spending for high speed rail was reportedly insisted upon by the President.

http://www.railwaygazette.com/news_...ots_high_speed_rail_and_transit_spending.html

 

[TGVDUDE]

cool

 

[shinkansen09]

Good news for the rail industry......for too long the road lobby has ruled the roost in many countries, but when high speed rail is efficient at transporting people in large numbers over long distances, with timings to rival internal air travel with a relatively small carbon footprint per person it is the way foward.
C`mon California high speed rail..

 

[imjames407]

great job done by Obama.

 

[EWS 58038]

Oh dear... not another Virgin West Coast.

Virgin Trains in race to realise Barack Obama's high-speed rail system:
http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article5804544.ece

 

[poshbakerloo]

The US does need it...it would help a lot...