Search This Blog

Tuesday, November 16, 2010

LaHood says high-speed rail funds will be quickly reallocated to other states

From an article in BizTimes Daily:

The Obama administration plans to quickly reallocate money designated for high-speed rail if states granted the funds reject them, according to U.S. Transportation Secretary Ray LaHood.

LaHood made the announcement Monday night to hundreds of politicians, businesspeople, urban planners and rail enthusiasts gathered in New York City to assess the state of high-speed rail in the United States. The three-day conference was presented by the U.S. High Speed Rail Association (USHSR).

Wisconsin Governor-elect Scott Walker, a Republican, has called a planned $810 million high-speed rail line between Milwaukee and Madison a “boondoggle” and is vowing to stop the project.

Ohio Governor-elect John Kasich, also a Republican, has called a planned $400 million high-speed rail line to connect Columbus, Cincinnati and Cleveland a “dead train.”

LaHood said Wisconsin and Ohio will forfeit those federal funds if their governors reject the rail lines.

When the state funds are rejected, LaHood said Monday night, they will be redistributed "in a professional way in places where the money can be well spent,” according to The Washington Post.

No comments:

Post a Comment