Published on June 24th, 2013 | by Guest Contributor2
Sunday Train: Improving national security by putting our steel interstates in the defense budget
Note: This post is a central junction ~ the entire post is contained in the locations linked to below. All that is reposted here is the above the fold “teaser”. Comment at the community blogs posted below or directly on twitter to @BruceMcF
This is the year that the funding authorization for the Federal Rail Authority expires, and the Obama administration is answering with a bold new plan to invest in this critical piece of any long term sustainable transport system, as described earlier this month at the Transport Polititic:
Total funding for rail activity, both for operating funds and capital projects, would increase from about $1.8 billion in 2013 to more than $6.5 billion in fiscal year 2014. Over the course of five years, about $40 billion would be devoted to rail improvement across the country, a massive expansion paid for with funds “saved” from ending military operations overseas. This would be headlined by a $5 billion “jump-start” stimulus for rail, part of a $50 billion infrastructure package the Administration is hoping Congress will pay attention to.