|
Tuesday, February 8, 2011
Feds plan to spend $53 billion on rail By Ashley Halsey III PHILADELPHIA -- The Obama administration plans to spend $53 billion on high-speed
and intercity rail over the next six years. Vice President Biden and Transportation
Secretary Ray LaHood made the announcement Tuesday morning during an appearance at Philadelphia's 30th Street Station. The
money will be used to build new high-speed rail networks and to make existing rail networks faster. President Obama's budget for fiscal year 2012, which is to be unveiled next week includes $8 billion for the plan.The
rest of the money will be allocated over five years, officials said.
"As a longtime Amtrak rider and advocate, I understand the need to invest in a modern
rail system that will help connect communities, reduce congestion and create quality skilled manufacturing jobs that cannot
be outsourced," Biden said. Biden estimated that, as a longtime senator
from Delaware, he made over 7,900 trips between Wilmington and Washington on Amtrak. "As President Obama said in his State of the Union, there are key places where we cannot afford to sacrifice
as a nation -- one of which is infrastructure," Biden said in a statement. Last
fall LaHood announced awards of $2.4 billion for high-speed rail projects in 23 states, including $45.4 million for Virginia
to help fund studies and preliminary engineering in order to improve service between Richmond and Washington. It was the second
round of awards, as the administration previously distributed $8 billion in stimulus money for high-speed rail projects. California
has received the bulk of the awards -- about $3 billion total. Read rest of story here.Reuters contributed to this report.
2:05 pm est
Thursday, February 3, 2011
Jim Burns a Libertarian for President 2012“Never before have so few done so much for so many with so little for so long that we are
beginning to think that we can
do almost anything
with almost nothing.” Not Known: but a common saying among members of the Libertarian Party of Nevada in the 1970’s (Likely a rip-off of Churchill)
2:10 pm est
|