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Railroad Equipment
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Railroad Equipment
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High Speed Rail
The American Recovery and Reinvestment Act (Recovery Act) and subsequent appropriations have dramatically increased federal funds available for high speed intercity passenger rail from $120 million in FY 2008 and FY 2009 combined to $10.5 billion available in FY 2010. Other issues, such as developing industry capacity to supply rail equipment and fostering multiyear public support for such systems must be resolved. This report reviewed: (1) how states started or improved passenger rail services in the recent past; (2) rail industry plans to accommodate the increased passenger rail investments; and (3) Federal Railroad Admin. plans to oversee the use of federal intercity passenger rail funds. Charts and tables.
