LaHood Announces $2 Billion for High-Speed Intercity Rail Projects

WASHINGTON – U.S. Transportation Secretary Ray LaHood 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.

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,” Vice President Joe Biden said. “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,” Biden added.