Current:Home > ContactHigh-speed rail projects get a $6 billion infusion of federal infrastructure money -AssetBase
High-speed rail projects get a $6 billion infusion of federal infrastructure money
View
Date:2025-04-25 10:07:41
A pair of high-speed rail projects in Nevada and California is getting a big push from Washington.
The Biden administration pledged more than $6 billion in federal funding for high-speed rail, aiming to close the gap between the U.S. and other developed nations when it comes to fast and reliable passenger service.
"We're not there today for the simple reason that you get what you pay for, and America disinvested over the last many decades in our rail systems," Transportation Secretary Pete Buttigieg said on a call with reporters. "We're reversing that trend."
The high-speed rail projects are part of $8 billion in funding for passenger rail announced today — the latest installment in what the White House calls the largest investment in passenger rail since the creation of Amtrak more than 50 years ago.
This round of funding from the Bipartisan Infrastructure Law includes a $3 billion grant for the project known as Brightline West, a new 218-mile intercity passenger system connecting Las Vegas and Southern California. Brightline, the only private intercity passenger railroad in the country, is already operating high-speed service between Miami and Orlando.
"We're ready to get to work," Wes Edens, the founder and chairman of Brightline, said in a statement. "This is a historic moment that will serve as a foundation for a new industry, and a remarkable project that will serve as the blueprint for how we can repeat this model throughout the country."
The federal grant for Brightline West is expected to cover only part of the project's estimated $12 billion cost, but it's still one of the largest federal infrastructure grants ever to a private company. The company hopes to open the line in time for the 2028 Olympics in Los Angeles.
Rail advocates hailed the announcement as a major boost for the industry.
"The tide has turned for high-speed rail in America," Andy Kunz, the founder and CEO of the US High Speed Rail Association, said in a statement. "Electrified bullet trains will transform the nation's transportation system — reducing congestion, helping end our dependency on fossil fuels and advancing the fight against climate change."
The White House also announced nearly $3.1 billion in funding for a high-speed rail project in California. The ambitious plan to connect San Francisco and Los Angeles has been plagued by delays and cost overruns. The estimated cost of the full project has grown from $33 billion some 15 years ago to more than $100 billion today.
The funding announced this week will go toward the construction of a 171-mile segment between Merced and Bakersfield in California's Central Valley.
"They are facing a lot of the challenges that come with being the very first at anything," Buttigieg said on the call with reporters.
It would take generations of investment for the U.S. to build the kind of high-speed rail networks that passengers in Europe and East Asia use today, Buttigieg said. Still, he argues that the appetite for high-speed rail will grow as Americans see new intercity routes begin to carry passengers.
"It won't change overnight," Buttigieg said. "But within a few years you're going to see some real noticeable improvements and some very exciting things including — before the end of this decade, if all goes well — the experience of true high speed rail on American soil."
veryGood! (363)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- College football season outlooks for Top 25 teams in US LBM preseason coaches poll
- NBC broadcaster Leigh Diffey jumps the gun, incorrectly calls Jamaican sprinter the 100 winner
- Bloomberg apologizes for premature story on prisoner swap and disciplines the journalists involved
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- How did Simone Biles do Monday? Star gymnast wraps Paris Olympics with beam, floor finals
- Olympic sport climbers face vexing boulders as competition gets underway at Paris Games
- Michigan toddler recovering after shooting himself at babysitter’s house, police say
- Trump invites nearly all federal workers to quit now, get paid through September
- Should I sign up for Medicare and Social Security at the same time? Here's what to know
Ranking
- Meta releases AI model to enhance Metaverse experience
- Everything you need to know about the compact Dodge Neon SRT-4
- Robert F. Kennedy Jr. says he left a dead bear in Central Park as a prank
- Canada looks to centuries-old indigenous use of fire to combat out-of-control wildfires
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Tropical Storm Debby barrels toward Florida, with potential record-setting rains further north
- Jimmy John's joins value menu wars with 'hearty' $10 meal deal
- Former NBA player Chase Budinger's Olympic volleyball dream ends. What about LA '28 at 40?
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Dueling Harris and Trump rallies in the same Atlanta arena showcase America’s deep divides
Jimmy John's joins value menu wars with 'hearty' $10 meal deal
Scottie Scheffler won't be viewed as an Olympic hero, but his was a heroic performance
Meta donates $1 million to Trump’s inauguration fund
Extreme Heat Is Making Schools Hotter—and Learning Harder
The internet's latest craze? Meet 'duck mom.'
Ben Affleck Debuts Hair Transformation Amid Jennifer Lopez Breakup Rumors