Florida gets $800 million for high-speed rail

The U.S. Department of Transportation awarded $800 million more in federal funds to Florida to build a high-speed rail line slated to run from Tampa to Orlando. The additional $800 million comes on top of $1.25 billion President Obama announced in January the state would receive for the Tampa to Orlando stretch. The award means Florida only needs approximately $300 million more from the federal government in addition to the state's share of funding to complete the $2.6 billion project. The remaining federal funds could come next year. DOT also notified Congress Monday of its intent to award an $8 million planning grant for the proposed high-speed rail line between Orlando and Miami.