Perhaps our rail system won’t be as big a joke in a decade or so.
President Obama will give $8 billion in economic stimulus dollars to 13 U.S. rail corridors on Thursday, primarily for high-speed service, Bloomberg reports.
The funds are the biggest single U.S. investment in high-speed rail ever, and will benefit 31 states.
But which ones will get the money?
The leading contenders include Florida, Illinois, California and Amtrak’s Northeast Corridor, which runs between Boston and Washington, said an analyst for Concept Capital.
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See Also:
- Foreign Firms Set To Get A Big Slice Of The High-Speed Rail Pie
- Of Course We Should Have High Speed Rail!
- Here’s Where The High Speed Rail Funds Should Go