Current:Home > MyHigh-speed rail projects get a $6 billion infusion of federal infrastructure money -Lighthouse Finance Hub
High-speed rail projects get a $6 billion infusion of federal infrastructure money
View
Date:2025-04-18 11:07:07
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! (1873)
Related
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Judge weighs the merits of a lawsuit alleging ‘Real Housewives’ creators abused a cast member
- Democrat Janelle Bynum flips Oregon’s 5th District, will be state’s first Black member of Congress
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave'
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Japan to resume V-22 flights after inquiry finds pilot error caused accident
- What is best start in NBA history? Five teams ahead of Cavaliers' 13-0 record
- Up to 20 human skulls found in man's discarded bags, home in New Mexico
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 'Wanted' posters plastered around University of Rochester target Jewish faculty members
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Advocacy group sues Tennessee over racial requirements for medical boards
- Medical King recalls 222,000 adult bed assistance rails after one reported death
- Powerball winning numbers for Nov. 13 drawing: Jackpot rises to $113 million
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- The Daily Money: All about 'Doge.'
- Reese Witherspoon's Daughter Ava Phillippe Introduces Adorable New Family Member
- Video ‘bares’ all: Insurers say bear that damaged luxury cars was actually a person in a costume
Recommendation
Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
Tennessee suspect in dozens of rapes is convicted of producing images of child sex abuse
Jax Taylor Breaks Silence on Brittany Cartwright Dating His Friend Amid Their Divorce
Bohannan requests a recount in Iowa’s close congressional race as GOP wins control of House
NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
Ex-Marine misused a combat technique in fatal chokehold of NYC subway rider, trainer testifies
Pete Alonso's best free agent fits: Will Mets bring back Polar Bear?
Jake Paul's only loss led him to retool the team preparing him to face Mike Tyson