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JOE BIDEN TO ANNOUNCE $53 BILLION RAIL-FUNDING PLAN (1024 hits)


WASHINGTON — The Obama administration on Tuesday called on Congress to back a six-year, 53-billion-dollar investment in high-speed, intercity rail, saying it was "dreaming big" on reinventing US infrastructure.

Vice President Joe Biden, an enthusiastic rail advocate, unveiled the planned investment, which would give 80 percent of Americans access to high-speed rail within 25 years, at an event in Philadelphia.

It remained unclear however whether the program would be fully or partially funded by Congress, as Republicans who now lead the House of Representatives have hit out at President Barack Obama's infrastructure spending plans.

Biden and Obama argue that reinvigorating America's creaking Amtrak service, makes sense for economic, practical and environmental reasons, and advocates bemoan the limited routes of the current US high-speed rail network.

"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.

"This plan will help us to do that, while also increasing access to convenient high speed rail for more Americans."

The service envisages three types of interconnected rail corridors -- including a core express service with electric trains whisking passengers along dedicated tracks at between 125 and 250 miles per hour (200 and 400 kilometers per hour.)

Another network of regional corridors would see trains travel at speeds between 90-125 miles per hour (144 and 200 kilometers per hour) to cut trip times, while a third branch of services would funnel passengers towards speedy inter-city networks.

"In America, we pride ourselves on dreaming big and building big," Ray LaHood, Obama's Secretary of Transportation.

"This historic investment in America?s high-speed rail network keeps us on track toward economic opportunity and competitiveness in the 21st century."

Obama argued in the State of the Union address last month that reinventing America's economy and reviving US infrastructure was crucial to tackling high unemployment and helping the US economy complete with rising giants like China and India.

The investment announced on Tuesday will build on an initial 10.5 billion dollar down-payment already made by the administration on a national high-speed rail system.
A first installment of the 53 billion dollar plan will be unveiled in Obama's next budget which is due to be released next week.
Posted By: Siebra Muhammad
Tuesday, February 8th 2011 at 1:54PM
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"I" chant (pray) that we in this country take time to learn how our president is actually handicapped like our president F.D.R for being a "FIRST"...it had to be hidden from the public that F.D.R. was unable to walk because he had, had polio...

and, if this had been known then the need to discriminate by way of our being brainwashed on 'different' if defecient then this great mind / president would never have been able to have our country bring itself out of the 'depression" by rebuilding our crumbling infrastructrue as our president of today is trying against all odds to do this with a majority right-wingers in teh HOUSE...and well we should already know the rest of what this represents now don't we?!? (NUP!!!)

@Siebra, thanks so much for this post. (smile)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
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