APTA | Passenger Transport
February 1, 2010

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» IN DEPTH: HIGH-SPEED RAIL
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BREAKING NEWS

Obama, Biden Announce Recipients of $7.9 Billion in ARRA Funds for High-Speed Rail

President Barack Obama and Vice President Joe Biden announced the recipients of $7.9 billion of the $8 billion in American Recovery and Reinvestment Act (ARRA) funding for the creation of high-speed intercity passenger rail service during a Jan. 28 town hall meeting in Tampa, FL.

Under the program, high-speed rail projects in the West Region will receive almost $3 billion, of which $2.25 billion will go to California high-speed rail; Midwest Region, $2.6 billion, led by $1.1 billion for the Chicago-St. Louis route; Southeast Region, $1.9 billion, of which $1.25 billion will go to the Tampa-Orlando corridor; Northeast Region, $485 million, including $112 million for the Northeast Corridor between Boston and Washington; and $26.7 million in additional awards for Iowa and Fort Worth, TX.

“Through the Recovery Act, we are making the largest investment in infrastructure since the Interstate Highway System was created, putting Americans to work rebuilding our roads, bridges, and waterways for the future,” Obama said. “That investment is how we can break ground across the country, putting people to work building high-speed rail lines, because there’s no reason why Europe or China should have the fastest trains when we can build them right here in America.”

“By investing in high speed rail, we’re doing so many good things for our country at the same time,” Biden added. “We’re creating good construction and manufacturing jobs in the near-term; we’re spurring economic development in the future; we’re making our communities more livable—and we’re doing it all while decreasing America’s environmental impact and increasing America’s ability to compete in the world.”

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