Obama administration considers high-speed rail service

02/19/2009 | Reuters

High-speed passenger rail service is a top transportation priority for President Barack Obama, according to Transportation Secretary Ray LaHood. LaHood's department has submitted a report to the White House that outlines at least six corridors for possible high-speed rail service. However, LaHood acknowledged that building a high-speed rail would exceed the $8 billion in rail funding provided in the economic-stimulus package.

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