Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Passenger Rail

2/27/2009



Rail News: Passenger Rail

USDOT outlines FY2010 budget framework, proposes $5 billion for high-speed rail


advertisement

Yesterday, the U.S. Department of Transportation unveiled the framework of its proposed FY2010 budget. Additional details will be available in April.

"This Administration inherited a difficult problem — a system that can no longer pay for itself," said U.S. Transportation Secretary Ray LaHood in a prepared statement. "We are looking at every option to solve it, but we are not going to be ready overnight."

The budget proposal does provide a broad framework that commits funds for sustainable solutions for surface transportation, for exploring options to make communities more livable through increased funding for public transit and for supporting development of a high-speed rail network.

For example, the Administration has proposed a five-year, $5 billion high-speed rail state grant program to build on the $8 billion included for high-speed rail in the American Recovery and Reinvestment Act of 2009.