Nearly $80 Million in High-Speed Rail Funds Delivered to States!
First round of grants receives praise
From DOT, May 27, 2010
The U.S. Department of Transportation announced that nearly $80 million in grants have been delivered to states as part of President Obama's historic high-speed and intercity passenger rail program. These grants will go toward the development of a brand new Recovery Act funded high-speed rail system in Florida as well as critical upgrades to existing passenger rail service throughout the country.
"Delivering these funds is an important step forward in our efforts to upgrade and transform America's transportation system, while spurring economic activity and creating jobs here at home," said Vice President Joe Biden. "Our unprecedented investment in high-speed and intercity passenger rail is not only going to provide real environmental benefits and greater convenience for travelers, but also long-term economic development for communities across the country."