(New York, NY) President Obama's expected announcement in Tampa tomorrow of proposed high-speed rail investments is a critical step toward implementing the long-term infrastructure vision our nation needs to pull itself out of the Great Recession and position itself for long-term competitive growth. America has gone from zero to sixty on high-speed rail in less than a year, joining virtually every other industrialized nation in making high-speed rail the backbone of a national infrastructure system. We applaud the Obama Administration's vision in supporting this energy efficient, modern form of transportation and look forward to learning which corridors will be selected.
No matter which corridors receive the preliminary federal grants tomorrow, we offer the following principles for consideration as the program moves forward and expands:
The Administration should demonstrate early success by focusing on corridors with strong ridership demand and the lowest barriers to implementation. Our research indicates that the corridors with the greatest prospects for ridership demand are those that:
On Sunday the Senate voted 57 to 32 to approve the omnibus spending bill, which included $2.5 billion for high-speed rail. The spending bill, which already passed the House, will go next to the President's desk for signature.
While the bill's $2.5 billion is less than the $4 billion for high-speed rail approved by the House in an earlier version of the spending bill this year, it exceeds the President's request for high-speed rail in his draft budget ($5 billion over 5 years). With this appropriation Congress has indicated their strong support for the nation's high-speed rail program.
The bill also included a small ray of hope for the Northeast Corridor, which has been excluded from applying for significant grants in the FRA's high-speed rail program because it lacks an up-to-date corridor-wide Environmental Impact Statement (EIS). The spending bill includes $50 million for planning grants to states (with an 80/20 federal-state split). That $50 million is being eyed by states in the Northeast to fund their work on the Programmatic EIS in cooperation with the FRA and Amtrak in order to hasten the corridor's eligibility for funding in the FRA's High-Speed Intercity Passenger Rail program.