A Possible Dead End for High Speed Rail

Despite what seemed to be a gung-ho Federal government, high speed rail could flop in the U.S., according to this piece from The Infrastructurist.

1 minute read

May 16, 2010, 9:00 AM PDT

By Nate Berg

The stimulus plan to inject money into a national high speed rail plan hasn't gone much farther than that, according to this article.

"Following the much-ballyhooed $8 billion that the government allotted to states as part of the stimulus bill, it doesn't look like there's much more federal money after that. In 2010, Congress authorized $2.5 billion for HSR projects - and for 2011, it's a mere $1 billion. And given the shambles condition of most states' budgets, it's highly unlikely that state governments will be able to write big checks to HSR projects in the next 2 to 5 years."

FULL STORY: Could High Speed Rail Stall Completely in the U.S.?

Wednesday, May 12, 2010 in The Infrastructurist

Government / Politics Transportation United States Federal Government High Speed Rail

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