Fed to invest $13 billion in nationwide high-speed rail project

Transportation - 2009

Fed to invest $13 billion in nationwide high-speed rail project

http://www.bizjournals.com/cincinnati/stories/2009/04/13/daily58.html
Scanned by: Alvis Brigis over 4 years ago

Four months after unveiling a high-speed rail plan for the United States, the federal government is now allocating money to get the ball rolling. The White House and the U.S. Department of Transportation on Thursday said it will invest $8 billion from the American Recovery and Reinvestment Act, and $1 billion a year for five years as a down payment to develop a passenger rail system and put the transportation policy on the right track.

Type: News | Also: Government |

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Fed to invest $13 billion in nationwide high-speed rail project

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