Federal funds boost high-speed rail projects across U.S.

The Obama administration awarded $2.5 billion in its latest round of funding for high-speed rail projects in several states, including California, Michigan and Illinois. This is in addition to the $8 billion that was awarded to rail development in the first wave. Another $1.1 billion is included in a proposed appropriations bill. The projects are meant to increase the speed of Amtrak and other conventional passenger services and add rail service between cities.

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