"President Barack Obama, along with Vice President Joe Biden and
Transportation Secretary Ray LaHood, released a strategic vision
and plan for a high-speed passenger rail (HSR) system in the US.
The plan identifies $8 billion provided in the American Recovery
and Reinvestment Act ARRA and $1 billion a year for five years
requested in the federal budget as the components of an initial
$13 billion investment."
Link to the Whitehouse Blog (with video):
Gabriel L Espinosa