Obama Unveils High-Speed Rail Strategic Plan

President Obama today unveiled a strategic plan for launching a high-speed passenger rail network in 100-600 mile corridors, according to the Federal Railroad Administration. The plan includes rebuilding existing rail infrastructure while developing a comprehensive high-speed intercity passenger rail network through a long-term commitment at the federal and state levels. The economic stimulus included $8 billion for rail, and the president's budget includes $1 billion per year for five years, and both will be used to begin to implement the plan. Ten high-speed rail corridors were identified as part of the president's plan, including California, Pacific Northwest, South Central, Gulf Coast, Chicago Hub Network, Florida, Southeast, Keystone, Empire and Northern New England. The existing Northeast Corridor from Washington to Boston may also compete for funds to improve its high-speed service.