Skip to main content
Transportation

Stimulus Overhauls Railroads

Obama targets $8 billion at high-speed rails.

As Congress wrapped up its meetings on the stimulus bill, President Obama slipped in $8 billion for one of his pet issues: railroads. The money will be used for the construction of high-speed rails that will link cities like Las Vegas and Los Angeles. It's more money than has ever been devoted to the issue before, and Obama plans to ask for $1 billion more in his 2010 budget. Criticism of the investment so far has been aimed at Harry Reid. "I'm glad I get the credit," Reid told Politico, "but this is Obama's No. 1 priority. This is his legacy issue out of this bill."

Read it at Politico

TRENDING NOW