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DOT Sketches Plan For High-Speed Rail

Publication Date: 4/22/2009
Author: Tom Ichniowski and J.T. Long
Format: HTML

Description:
Drawing on $8 billion from the federal economic stimulus, the Obama administration has laid out a blueprint for developing high-speed rail in 100- to 600-mile-long corridors around the country. The plan, which the U.S. Dept. of Transportation unveiled April 16, does not say which projects will be funded. DOT will start awarding the first round of grants for ready-to-go upgrades to existing routes by late summer. A second phase would have a longer-range focus. However, carrying out the plan’s lofty aims will require much more than $8 billion. It is uncertain where that new money will come from.

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