It's a $53 billion investment over the next six years. The ultimate goal: Giving 80 percent of Americans access to high-speed rail within 25 years.
We've long pined for the rapid build-out of a HSR network, and this announcement is a good sign that the administration isn't backing off some bold earlier claims. Even more encouraging is this language from the White House press release that followed Biden's announcement (emphasis mine):
The proposal will place high-speed rail on equal footing with other surface transportation programs and revitalize America’s domestic rail manufacturing industry by dedicating $53 billion over six years to continue construction of a national high-speed and intercity passenger rail network.
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Biden's speech was also smart to include the economic advantages of rail:
“When you talk about the investments we’re making in rail, they pale in comparison to investment you’d have to make in runways or highways. And that’s before you factor in the environmental benefit of taking cars off the road.”
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The core structural elements of the plan from the press release:
The six-year plan mirrors the length of the proposed transportation budget authorization, so in theory this could all get approved in one fell swoop. But don't expect it to be so simple. Congressional Republicans, who will have to approve the funding, have all but guaranteed any new spending proposals to run into a brick wall. (And trains have recently, perplexingly, been a prime target of conservative vitriol.) But if the administration keeps up with the smart, pointed messaging, popular support could overwhelm partisan ideology.
Not to further dampen your American rail pride, but Talking Points Memo has a great slide show of awesome, superfast, ultra-efficient HSR systems already in place throughout Europe and Asia. Flip through it and weep.
Also, The Onion: Obama Replaces Costly High Speed Rail Plan With High Speed Bus Plan.
Official White House Photo by David Lienemann