Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Passenger Rail

1/8/2009



Rail News: Passenger Rail

Oberstar proposes billions in economic stimulus funding for transportation projects


advertisement

While President-elect Barack Obama, and House and Senate leaders continue to negotiate economic recovery legislation, House Transportation and Infrastructure Committee Chairman James Oberstar (D-Minn.) has unveiled a proposal to provide funds for infrastructure projects.

The proposal calls for allocating $85 billion for "ready-to-go" infrastructure projects, including $12.5 billion for public transportation, $3.4 billion for high-speed rail and $1.5 billion for Amtrak. The transportation funding would include $7.5 billion available for capital grants and $2 billion for transit energy grants to help agencies offset increased expenses related to fuel costs, add service and avoid fare increases. Rep. Oberstar also has proposed $2.5 billion in supplemental funding for New Start and Small Start projects.


Contact Progressive Railroading editorial staff.

More News from 1/8/2009