11/24/2009

For decades, the U.S. has lagged the rest of the world in the development of high-speed trains. However, the infusion of $8 billion of federal funds has already revived interest in building a high-speed system. California, Texas and Florida are among the states that have devised ambitious rail plans. However, some experts note that a high-speed rail system will face significant challenges, including the lack of existing infrastructure.

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