| | |  Business News 
Obama to Announce High-Speed Rail Plan
 Julie Pace - Associated Press
go to original
Obama to follow State of the Union with high-speed rail funding billed as jobs creator.
A day after delivering a State of the Union address aimed at showing recession-weary Americans he understands their struggles, President Barack Obama intends to award $8 billion in stimulus funds to develop high-speed rail corridors and sell the program as a jobs creator.
Obama and Vice President Joe Biden plan to announce grants for 13 major corridors during a town hall meeting in Tampa, Fla., Thursday, the president's first public appearance following his speech to the nation. It's an attempt by the White House to show that getting Americans back to work is the president's top priority and that he has a plan for how to do it.
The president's visit to the region means Florida's proposal for a high-speed line connecting Orlando and Tampa is likely to receive funding. California's proposal for an 800-mile-long rail line from Sacramento to San Diego and a nine-state proposal in the Midwest are also considered strong contenders.
Click here to read more.
|
|
| |
Vallarta Weddings
Tell a Friend
Site Map
Print this Page
Email Us