May 9th, 2011
03:33 PM ET
12 years ago
Administration announces $2 billion for high-speed rail
(CNN) - The Obama administration rolled out another $2 billion in funding Monday for high-speed rail development - part of an ongoing push for infrastructure modernization supported partly by the 2009 economic stimulus package.
Fifteen states and Amtrak will receive the money to back 22 high-speed intercity passenger rail projects. Among other things, the funds will be used to improve speed and service in the Boston-Washington "Northeast Corridor," add faster rail lines in the Midwest, and help spur more efficient train service between Los Angeles and San Francisco.
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i bet every family in america would like to go buy a new car , boat or home... but if you dont have the money .the bank will not let you... to bad the bank wont tell the feds .. sorry your credit stinks and your over extended... stupid ... stupid..we never learn...
Let's not forget to thank the idiot governors who turned this profit making, job creating, high technology cash cow down, look for the ones with an R next to their names, they are the ones who are putting CA to work and helping them balance their budgets.....Hilarious!
Didn't Gov. Christie already cancel his state's (New Jersey) participation in these types of interstate high speed rail projects? Yes, he did. He tried to take the funds and use them to pay for an upper class tax cut. America needs to understand that he cancelled a project that was already had a couple of years of construction under its' belt. That means a railway to nowhere has been built.
Thank goodness for ear marks, which dictated how the funds were to be spent. So now, NJ is in the hole for $300M and counting. NJ is paying dearly for this railway to nowhere. And the state of New York, too. And other adjoining states involved in the entire rail line. It has a big hole in it named Christie, New Jersey.
Good. I have family that lives in a region (approximately 1/2 of their state) where basically ALL manufacturing has been outsourced. This rail system will save their area economically.
The Obama administration rolled out another $2 billion in funding Monday for high-speed rail development
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And the drunken spending spree continues unabated by this clueless "leader from behind". BTW, did he get the pre-approval from the Chinese to spend their money on this?
Whew!! Good thing we no longer have any money problems in this country. But I would have thought that Obama balancing the budget would be big news. I guess I must have missed it.
Why say 11 cities will get the money and then not list them? Come on man get some real reporters over there. You are turning into fox news slowly.
Spend, spend, spend. That's all Obama knows how to do. Absolutely ALL he knows how to do........squander our tax dollars on worthless programs.
The Obama Administration is incapable of controlling runaway federal spending. The American people spoke loudly and clearly last November specifically about the runaway federal debt, the high unemployment and the threat to raise taxes. But the administration is not about listening to the American people. It is about greed and arrogance.
Something tells me be a little suspicious of hurrying along the construction of several high speed rail trains in the midst of
the second largest depression. Rails to where? To transport high volumes of the population to where? FEMA Camps?
Military industrial complexes? With high unemloyment, people going hungry and soon people forced to fight the government
for their rights(Wisconsin), natural disasters wiping out whole cities, building high speed rails sounds a bit spooky.
How about rebuilding communities? There is enough land for everyone in this country. But seems like greed is the order of
the day.
Nothing could be worse for the economy or bring about the apocalypse qucker than making travel faster, more efficient and more cost-effective and, in particular, making it so people have options other than driving around in their car sucking up gas at $4.00/gallon+. I mean, duh....everyone knows that the single most important thing for us to do to make sure the US is the world leaders in everything, including #winning, is to prop up all the giant oil companies on the backs of our rapidly shrinking middle-class by forcing them to consume as much gas and oil products as possible AND then turning around and giving those companies atx subsidies the middle-class has to pay for despite them having made RECORD PROFITS during the entire recession. And besides, more rail construction and all means more unionized labor being employed...and Jesus says right there in the Bible: "and lo, my flock, though shalt trample all collective bargaining into the ground under thy krischun hooves or thou shallt be branded a heathen and burned in the holy fires following my return...but first, I have to watch watch this week's episode The Wire."
Good. I have family that lives in a region (approximately 1/2 of their state) where basically ALL manufacturing has been outsourced. This rail system will save their area economically.
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So what jobs will they be going to on this train? What manufactured goods will the train be hauling? Did you ever hear of the Amtrak money pit? Welcome to the club sucker! Egads, people in this country are certifiably insane if they think a rail line is going to "save their area economically".
@ Four and The Door: How is an infrastructure project about greed and arrogance on teh aprt of Obama? Please explain that. You come in here and throw these points out without ever supplying a single example to bolster your point. You are the perfect example of a conservative "Cotton Candy" intellect: full of hot air, spun out with sugar and of no real value at all.
@ The Day of Financial Reckoning is HERE – The Great Democrat Welfare Society Ends:
What is your solution, then? Prepared to invest in this country? Prepared to look at us providing good, high-paying manufacturing jobs for our own, instead of sending them overseas.? You sound like you don't even want to try. God, you people are so afraid of trying to bring this country back. The railroads, if they are done on a large enough scale, will bring areas back. Your problem is that because it won't happen overnight, you won't support it. What do you support to bring us back, besides re-intrducing serfdom and going to work for multinationals like the Koch Brothers?
Come on, lets hear it.
@Selma
Something tells me be a little suspicious of hurrying along the construction of several high speed rail trains in the midst of
the second largest depression. Rails to where?
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The rail project connecting Boston-WashDC has been underway for several years. The project began prior to 2006, under the GOP controlled Congress, and signed into law by George W. Bush. Most of the cost of the project has already been spent, but now Repbublicans are blocking final completion for who knows what reason.
Several billion have already been spent on what is now a multi-state rail to nowhere. Stations and railways are sitting empty. One of the last pieces is connecting NY and NJ, which Gov. Christie cancelled, thereby wasting taxpayer money in 2 states.
This is a wonderful idea. The soon wwe develop efficient high speed rail in America the better we will be as a Nation.
Godspeed President Obama.
Sorry...wrong again "The Day Of." You really should spend more time with Google than the pre-prepared astroturfing script you're given each day before sitting down at the desk and computer the Koch brothers provide you. Expert studies ALL show that high-speed rail has the effect of decreasing transportation costs per capita, increasing mixed-use development and generating jobs in the areas in which it is built. This is true even when studies focused on major urban centers as opposed to the effects of building it in rural areas where the change in community connectivity would be even more drastic. Moreover, you can look at and MEASURE the effects high speed rail has had and is having in places like Europe and China and South Korea to see just how useful and productive a tool it truly is...because they've all got it and we're waaaaaay behind. Screaming "money pit" at the top of your lungs doesn't change the empirical evidence, nor the expert opinions on which it is based, that prove you to be 100% wrong. GOPers hate the idea because they thrive off unconnected, rural voters who they want to keep isolated just as they are. They fear additional acculturation and education of their flock and, most especially, don't want Democrat-voting yuppies moving further away from the city into their rural territories because they can now rely on a train to take them 50 miles to work in 30 minutes. That might...BOO!!!!...change some of those areas purple. GOPers also don't want to see an increased reliance on rail suddenly cause gas consumption to drop, particularly in major urban centers. They also hate the thought of thousands of out of work construction workers suddenly finding a job laying rail and having a paycheck with which to pay their union dues. It's very simple....GOPers will fight this tooth and nail because what's good for America isn't necessarily good for the GOP.
You go Obama!!!!!! The Republicans,Teaparty and their Buddys"Big OIL and Wallstreet "Fleecing" of America has put driving to work " Almost Impossible" for most Americans!!! We need Transportation, to get to work!!!!!! Good Job,bad for GOP. Vote NO on Right Wingers!! Their dinosaurs???
Cut spending to Pakistan there is another 2 billion, bring home the troops, thats a billion a month, remove Rick Scott from Florida Governer seat and there is another positive in this deal! Man look at all the Billions we could spend on OUR OWN PEOPLE!