3-14-11: Slow Progress for High-Speed Rail
On Friday, the U.S. Department of Transportation announced it was making $2.4 billion available to states for use on high-speed rail systems. It’s money that the governor of Florida rejected, saying that the planned high-speed rail system there would put taxpayers on the hook for cost overruns.
Maryland Governor Martin O’Malley and Senators Ben Cardin and Barbara Mikulski are among a number of officials eager to accept the money, which is part of a $10.5 billion pool of federal money meant to spark development of rail systems that could accommodate trains that reach speeds of 200 miles per hour.
Bruce Wallace examines the case for funding high-speed rail along the Northeast Corridor.