Last week, President Obama and Vice President Biden unveiled their strategic plan for high-speed rail in America. This vision is contingent upon the $8 billion in the Recovery Act and the $1 billion per year for five years requested in the President’s budget to get these projects off the ground.
Click the link above for more information and for video of President Obama’s annoucement. Here is an excerpt from his transcript:
“Imagine boarding a train in the center of a city. No racing to an airport and across a terminal, no delays, no sitting on the tarmac, no lost luggage, no taking off your shoes. Imagine whisking through towns at speeds over 100 miles an hour, walking only a few steps to public transportation, and ending up just blocks from your destination. Imagine what a great project that would be to rebuild America.”