While there’s been a lot of debate on how or if the stim will work, one thing that was added by President Obama at the last minute was an $8bn allocation to create a high-speed rail system in the country. They’ve designated several areas as “high-speed rail corridors” which would be eligible for some of the stim money. Of course, the Northeast Corridor from Boston to DC was high on the list. Here’s hoping they make it happen. While having the cash is nice, there are still many other issues to work out, including rights-of-way, designation of funds, and others. The NY Times covered the story yesterday.
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