Current:Home > reviewsHigh-speed rail projects get a $6 billion infusion of federal infrastructure money -GrowthInsight
High-speed rail projects get a $6 billion infusion of federal infrastructure money
View
Date:2025-04-18 05:24:01
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! (1)
Related
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- 16 Life-Changing Products From Amazon You Never Knew You Needed
- Iowa investigator’s email says athlete gambling sting was a chance to impress higher-ups and public
- Stock market today: Asian shares advance ahead of US jobs report
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- Pennsylvania man convicted of kidnapping a woman, driving her to a Nevada desert and suffocating her
- Teen pizza delivery driver shot at 7 times after parking in wrong driveway, police say
- 'Dance Moms: The Reunion': How to watch Lifetime special and catching up with stars
- Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
- Lifetime premieres trailer for Nicole Brown Simpson doc: Watch
Ranking
- Bodycam footage shows high
- King Charles’ longtime charity celebrates new name and U.S. expansion at New York gala
- Majority of Americans over 50 worry they won't have enough money for retirement: Study
- 'SNL' announces season's final guests, including Sabrina Carpenter and Jake Gyllenhaal
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Travis Kelce says he told post office to stop delivering mail to his house
- What are PFAS? 'Forever chemicals' are common and dangerous.
- Uncomfortable Conversations About Money: Read past stories here
Recommendation
Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
13 Reasons Why Star Tommy Dorfman Privately Married Partner Elise Months Ago
Kyle Richards Says These $18 Bracelets Look like Real Diamonds and Make Great Mother's Day Gifts
Texas weather forecast: Severe weather brings heavy rain, power outages to Houston area
Louisiana high court temporarily removes Judge Eboni Johnson Rose from Baton Rouge bench amid probe
A murderous romance or a frame job? Things to know about Boston’s Karen Read murder trial
The Daily Money: A month in a self-driving Tesla
Jockeys Irving Moncada, Emmanuel Giles injured after falling off horses at Churchill Downs