Fast Company Running Club
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Biden Announces $53 Billion Rail-Funding Plan

Go down

Biden Announces $53 Billion Rail-Funding Plan Empty Biden Announces $53 Billion Rail-Funding Plan

Post  wxt2013 Wed Feb 09, 2011 3:37 am

Biden Announces $53 Billion Rail-Funding Plan
WASHINGTON—Vice President Joe Biden unveiled a $53 billion plan Tuesday totrue blood dvd
upgrade and build intercity passenger-rail networks.

Mr. Biden, along with true blood on dvdTransportation Secretary Ray LaHood, announced the plan at Philadelphia's 30th Street Station. The six-year program is designed tocheap dvd give 80% of Americans access to passenger-rail service within 25 years—a goal President Barack dvd storeObama set in his State of the Union Address—and to create jobs.

Speeding Up

Get a closer lookThe Big Bang Theory dvd at plans and see which have been promised federal funding.

View Interactive

More photos and interactive graphics
"In a global economy, we can't forget that infrastructure is also the veins and the arteries How I Met Your Mother dvdof commerce," Mr. Biden said. He frequently travels between his home state of Delaware and Washington onHow I Met Your Mother Amtrak trains.

The administrationThe Big Bang Theory has already devoted $10.5 billion to passenger-rail programs, with the bulk of the funds going toward California and Florida high-speed rail projects that are currently in the star trek voyager dvdplanning stage.

Under the new plan, the Gilmore Girls dvdadministration would provide $8 billion for passenger-rail projects in this year's budget, set to be released next week.

The plan faces hurdles, including how future funding will be paid for and whether it can gain enough support in Congress. Republicans have criticized rail projects as wasteful spending and havedvd box set called for canceling rail construction as part of a broader plan to reduce the deficit.

Rep. John L. Mica (R., Fla.), chairman of the House Transportation Committee, and Rep. Bill Shuster, a Pennsylvania Republican who chairs the Railroads Subcommittee, criticized the rail plan.

"Government won't develop American high-speed rail. Private investment and a competitive market will," Mr. Shuster said in a statement. Mr. Mica said the administration should focus its efforts on the Northeast Corridor, the most congested area for railway travel, rather than on other "marginal projects."

New Republican governors of Ohio and Wisconsin recently returned federal funds for rail projects because of cost concerns. Florida's new Republican governor has said he is reviewing whether plans for a high-speed rail line between Tampa and Orlando are viable.

The White House has argued that, as the economy slowly recovers, it is too early to press the brakes on all spending. "We all agree we need to cut spending to get the deficit under control," Mr. Biden said. However, he added, "When it comes to jobs, there are three key places where we cannot compromise. We cannot compromise on education, innovation or infrastructure."

wxt2013

Posts : 36
Join date : 2011-01-28

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum