Friday, January 29, 2010

A very good day for high speed rail

President Obama announced that $2.34 billion will be awarded to California for high speed rail and the state-funded Amtrak system.

Although the funding is relatively small compared to the overall cost of the high speed rail project, it is a seed money that can expedite some elements of the entire program. If it is spent wisely by the High Speed Rail Authority and local agencies, it can create jobs and bring some transportation benefits before the entire high speed rail system is built.

While some supporters expressed concerns that this federal aid is too small, it is also important to note that Washington is likely to approve additional funding in future years, especially if the Democrats keep control of the Congress and the White House.

1 comment:

arcady said...

Also included in the same funding package is about $50 million for Amtrak California projects in Northern California, which I believe includes funding for Caltrain's South Terminal Improvements project to build four new platform tracks at San Jose. Honestly, I'm a bit disappointed that this much money has been given to imaginary trains that don't yet exist, and so little to real ones that people actually rely on today.