USDOT outlines FY2010 budget framework, proposes $5 billion for high-speed rail

(The following appeared on the Progressive Railroading website on February 27, 2009.)

On February 26, the U.S. Department of Transportation unveiled the framework of its proposed FY2010 budget. Additional details will be available in April.

"This Administration inherited a difficult problem a system that can no longer pay for itself," said U.S. Transportation Secretary Ray LaHood in a prepared statement. "We are looking at every option to solve it, but we are not going to be ready overnight."

The budget proposal does provide a broad framework that commits funds for sustainable solutions for surface transportation, for exploring options to make communities more livable through increased funding for public transit and for supporting development of a high-speed rail network.

For example, the Administration has proposed a five-year, $5 billion high-speed rail state grant program to build on the $8 billion included for high-speed rail in the American Recovery and Reinvestment Act of 2009.

Monday, March 2, 2009
bentley@ble-t.org

http://www.ble-t.org/pr/news/headline.asp?id=25370

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