11th Hour White House Push Secures $8 Billion to Support High Speed Rail
A few weeks ago, we blogged on why the administration should fund the development of high speed rail networks that can serve as the foundation of regional centers of innovation. According to a New York Times article, at the last minute the White House added an $8 billion investment in high-speed rail to the stimulus package. A minor investment in comparison to the hundreds of billions of dollars required to completely transform our national railroad grid, but a positive first step nonetheless.
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