| U.S. Department of Transportation redirects $1.195 billion |
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| Monday, December 13, 2010 | |
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The $1.195 billion in high-speed rail funds, originally designated for Wisconsin and Ohio, will be redirected to other states eager to develop high-speed rail corridors across the United States. Wisconsin has suspended work under its existing high-speed rail agreement and the incoming Governors in Wisconsin and Ohio have both indicated that they will not move forward to use high-speed rail money received under the American Recovery and Reinvestment Act. As a result, $1.195 billion will be redirected to high-speed rail projects already underway in other states. "High-speed rail will modernize America's valuable transportation network, while reinvigorating the manufacturing sector and putting people back to work in good-paying jobs," said Transportation Secretary Ray LaHood. "I am pleased that so many other states are enthusiastic about the additional support they are receiving to help bring America's high-speed rail network to life." The Recovery Act included $8 billion to launch a national high-speed rail program that will modernize America's transportation network, spur economic development domestically and keep the U.S. competitive with other leading nations. High-speed rail grants announced under the Recovery Act can be used only for high-speed rail projects and not for other transportation projects. The $1.195 billion originally designated for those high-speed rail projects in Wisconsin and Ohio will now be used to support projects in the following states:
* California: up to $624 million |
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