2009-07-26

US House OKs $2 Billion for High-Speed Rail. By Andy Sullivan, Reuters, July 23, 2009. "High-speed rail projects would receive a $2 billion boost under a bill passed by the House of Representatives on Thursday that also lays the groundwork for a national infrastructure bank. By a vote of 256-168, the House approved $68.8 billion for transportation and housing projects for the fiscal year starting October 1, a 25% increase over 2009 funding levels. The Democratic-led chamber turned back several attempts to slash funding by Republicans, who said Congress had already generously funded transportation and housing programs in the $787 billion economic stimulus bill passed in February."

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