U.S. Transportation Secretary LaHood Announces $2 Billion for High-Speed Intercity Rail Projects to Grow Jobs, Boost U.S. Manufacturing and Transform Travel in America

Press Release

By:  Ray LaHood Joe Biden, Jr.
Date: May 9, 2011
Location: Washington, DC

Unprecedented Investment in the Northeast Corridor, Expanded Service in the Midwest and New, State-of-the-Art Rail Equipment Top List of Rail Dollar Recipients

U.S. Transportation Secretary Ray LaHood today announced $2 billion in high-speed rail awards providing an unprecedented investment to speed up trains in the Northeast Corridor, expand service in the Midwest and provide new, state-of-the-art locomotives and rail cars as part of the Administration's plan to transform travel in America.

Twenty-four states, the District of Columbia and Amtrak submitted nearly 100 applications, competing to be part of an historic investment that will create tens of thousands of jobs, improve mobility and stimulate American manufacturing.

"Earlier this year, President Obama and I made a commitment to improve and expand America's transportation system, including the development of a modern, national high-speed rail network," said Vice President Biden. "And today, we're announcing investments that will continue our progress toward making this vision a reality. These projects will put thousands of Americans to work, save hundreds of thousands of hours for American travelers every year, and boost U.S. manufacturing by investing hundreds of millions of dollars in next-generation, American-made locomotives and railcars."

"President Obama and Vice President Biden's vision for a national rail system will help ensure America is equipped to win the future with the fastest, safest and most efficient transportation network in the world," said Secretary LaHood. "The investments we're making today will help states across the country create jobs, spur economic development and boost manufacturing in their communities."

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