U.S. DOT awards $2.4 billion for high-speed rail
Tina Grady Barbaccia | November 1, 2010
The Obama Administration and the U.S. Department of Transportation (DOT) are awarding $2.4 billion for planning and construction of intercity passenger rail service for 54 projects in 23 states.
With the award of this money, the U.S. DOT says “we’re moving full-speed ahead toward a nationwide high-speed rail system.
“President Obama signed the Recovery Act to build bridges between the Americans who needed jobs and the infrastructure jobs that needed doing. One of those jobs was creating a 21st century rail system in the United States,” the U.S. DOT notes in an official agency announcement.
MORE FROM Economics
- Road worker crushed and killed by concrete lane barrier261 Views
- Cincinnati bridge collapse kills construction worker, injures truck driver259 Views
- No charges filed after woman kills construction worker192 Views
- Obama calls for 'bipartisan infrastructure plan,' doesn't mention gas tax increase127 Views
- VP Biden announces new steps to Build America Investment Initiative106 Views