An updated version of this article is posted here.
The AP reports that the compromise stimulus bill will include the following:
- $8.4 billion for transit
- $8 billion for high-speed rail
- $1.3 billion for Amtrak
This information has been confirmed by Speaker Pelosi’s office. At this point, I do not have confirmation that the above numbers are correct. However, if they are, they would This represents an enormous boost to rail in the United States and a huge increase in funding over the House and Senate versions, which provided a maximum of $2 billion for high-speed rail and $850 million for Amtrak. This bill will represent by far the largest-ever single U.S. contribution to rail funding, and is the first step towards the kind of national rail network for which we’ve been wishing.
Transit does not get as big of a boost as the House bill would have provided it, but the $8.4 billion retains the Senate’s adequate funding. When put in the context of the $27 billion to be assigned to highways, this gives rail and transit a 40% share of the total transportation funds, much larger than the 10-15% typically distributed in transportation legislation.
the transport politic will update as soon as it can get its hands on the text of the legislation.