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
- VIDEO: CBS’s '60 Minutes' spotlights America's neglected infrastructure219 Views
- Rollover accident caused from surprise gravel road144 Views
- Don't drink and drive...especially your wheel loader!114 Views
- Texas leads U.S. equipment purchases in Q3, sales down 19 percent from 201392 Views
- Obama names new highway safety chief82 Views