from CNN (2/10)
High-speed rail: Skipping your town
By Steve Hargreaves, CNNMoney.com staff writerFebruary 10, 2010: 11:30 AM ET
"NEW YORK (CNNMoney.com) -- Most of the $8 billion in high-speed rail funds that President Obama awarded last month will not be used for high-speed projects, but rather to improvements designed to make existing lines faster.
Only $3.5 billion is being spent on truly high-speed rail, a sum that's not remotely close to what's needed to build a 21st century rail network. The money is going toward two projects -- one in California and the other in Florida -- that have yet to begin construction." ...
for the complete story
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment