Buried in the $800 Billion stimulus package is $8 Billion for high speed rail in the United States. It’s the most serious investment in commuter rail service in the nations history.
Additionally President Obama intends to ask for a further $1 Billion a year for high speed rail in his budget request to congress, starting with the 2010 budget.
High speed rail was one of Obama’s campaign pledges, speaking in Indiana during the campaign he said:
“The time is right now for us to start thinking about high-speed rail as an alternative to air transportation connecting all these cities. And think about what a great project that would be in terms of rebuilding America.”