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President Biden headed Friday to Philadelphia to celebrate Amtrak’s 50-year anniversary and push for better funding of rail service that has a decades-long history of red ink.
As a former senator from Delaware, Amtrak Joe famously rode the train between his home in Wilmington and Washington, D.C., every day.
So it s perhaps not surprising that tucked into Biden’s American Jobs Plan is $80 billion earmarked for Amtrak, funding the railway he has said is necessary to rebuild the Northeast Corridor and address $45 billion in backlogged repairs.
President Biden Touts Amtrak s Low Climate Impact on the Railway s 50th Anniversary skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
Director of Tax Policy Studies and Editor, DownsizingGovernment.org
President Biden’s $2.3 trillion infrastructure spending plan would fund highways, transit, and Amtrak but would also spend hundreds of billions of dollars on private‐sector facilities such as broadband, electric vehicles, and the electricity grid. Biden’s plan would be supported by a large corporate tax increase.
Would the plan improve U.S. infrastructure? What would be the effect of the tax increase? Will the plan gain congressional support? What alternative reforms would work better for the nation’s highways, transit, rail, and water systems?
Join three infrastructure experts to examine these issues. Robert Poole is director of transportation policy at Reason Foundation and author of
What s behind the California bullet train project s latest woes? smartcitiesdive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartcitiesdive.com Daily Mail and Mail on Sunday newspapers.
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No one could call the California High-Speed Rail Authority’s bullet train project a model of success thus far. At an estimated cost of up to $100 billion almost $70 billion more than the original estimate of $33 billion in 2018 and approximately 13 years delayed, defending the project has been difficult even for its supporters.
The project, which will one day connect the San Francisco Bay area with Southern California, has been beset by challenges and controversy. Perhaps most notably, one of California Gov. Gavin Newsom’s first actions after he was sworn in in 2019, was to temporarily halt construction on all but the Central Valley portion of the project, a 119-mile stretch between Bakersfield and Merced now projected to cost $13.8 billion for construction, up from $12.4 billion last year.