from the Transport Politic blog:
Vice President Joe Biden spoke in Philadelphia this morning to announce that the Obama Administration intends to request from Congress $8 billion in federal funds for the advancement of a national high-speed rail system as part of a six-year transportation reauthorization bill.
The White House’s commitment to fast trains has been evident throughout the Administration’s two-year lifespan, beginning with the addition of $8 billion for the mode in the 2009 stimulus bill and continued with $2.5 billion included in the Fiscal Year 2010 budget. Yet this new funding, which would add up to $53 billion over the six-year period, is remarkable for its ambition. It is clear that President Obama’s 2012 re-election campaign, already being framed in terms of “winning the future,” will hinge partially on whether voters agree with his assessment of the importance of investing in the nation’s rail transport infrastructure.
In his speech, Mr. Biden argued that American wealth was founded on “out-building” the competition. Infrastructure, he noted, is the “veins and the arteries of commerce.” The President and his team will be making this case to the American people the next two years, hoping that the public comes to endorse this message of national advancement through construction.
Whether the proposal — to be laid out in more detail with next week’s introduction the President’s full proposed FY 2012 budget — has any chance of success is undoubtedly worth questioning. Republicans have campaigned wholeheartedly against rail improvement projects in Iowa, Ohio, and Wisconsin; even Florida’s project, which would require no operating subsidies once in service, hangs in the balance. But as part of the larger transportation reauthorization legislation, which is apparently slated to move forward by this summer, a real expansion in high-speed rail funding seems possible, especially if Mr. Obama pressures the Democratic-controlled Senate to push hard for it. ..........(more)
The complete piece is at:
http://www.thetransportpolitic.com/2011/02/08/the-white-house-stakes-its-political-capital-on-a-massive-intercity-rail-plan/