Stimulus Overhauls Railroads

Transportation

Updated Apr. 25, 2017 4:11PM EDT / Published Feb. 17, 2009 7:25AM EST

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

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Stimulus Overhauls Railroads