ENVIRONMENT
05/18/2009 05:12 am ET Updated May 25, 2011

Obama Unveils Major SpendingFor High-Speed Rail Network in the U.S.

President Obama has proposed spending $13 billion as a "first step" toward building a series of high-speed rail lines connecting major metropolitan areas in the United States. "High-speed rail is long overdue, and this plan lets American travelers know that they are not doomed to a future of long lines at the airports or jammed cars on the highways," Obama said. California Gov. Arnold Schwarzenegger said his state hoped to receive a "significant portion" of the federal funds to help build a proposed $30 billion "bullet train" that would whisk travelers from Los Angeles to San Francisco in 2 hours. 2

The plan is no surprise, with $8 billion coming from January's economic stimulus package and $5 billion potentially coming from Obama's budget over the next five years. Vukan Vuchic, a University of Pennsylvania professor of transportation engineering, agreed with Obama that federal support for high-speed rail was long overdue. Creating the corridors would require massive subsidies from federal and state governments for a service that few people would use, said James Moore, professor of industrial and systems engineering at the USC. 1
  1. Obama Wants to Get Moving on High-speed Rail (Sightline)
  2. Obama Unveils Major SpendingFor High-Speed Rail Network in the U.S. (Yale Environment 360)

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