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Development of High-speed Rail in the United States: Issues and Recent Events
Development of High-speed Rail in the United States: Issues and Recent Events
 
Our Price: $20.00
By David Randall Peterman (ed)
Year: 2012
Pages: 34
Binding Paperback
ISBN 978-1-4578-3641-1

Product Code: 1457836416

Description
 
The provision of $8 billion for intercity passenger rail projects in the 2009 Am. Recovery and Reinvestment Act (ARRA; P.L. 111-5) reinvigorated efforts to expand intercity passenger rail transportation in the U.S. The Obama Admin. subsequently announced that it would ask Congress to provide $1 billion annually for high speed rail (HSR) projects .This initiative was reflected in the Presidentäó»s budgets for FY2010 through FY2013. Congress approved $2.5 billion for high speed and intercity passenger rail in FY2010, but zero in FY2011 and FY2012. In addition, the FY2011 appropriations act rescinded $400 million from prior year unobligated balances of program funding. Lack of long-term funding represents a significant obstacle to HSR development in the U.S. The federal government does not have a dedicated funding source for HSR, making projects that can take years to build vulnerable to year-to-year changes in discretionary budget allocations. Contents of this report: Federal Initiatives to Promote High Speed Rail; Options for Building High Speed Rail; Cost Issues; Potential Benefits of High Speed Passenger Rail; High Speed Rail Funding Considerations; High Speed Rail In Other Countries; Considerations for Congress. Figures and tables. This is a print on demand report.

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