Word: rails
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Dates: during 2010-2019
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...want to start looking deep into the 21st century and say to ourselves, There's no reason why other countries can build high-speed rail lines and we can't," Obama told a crowd in a University of Tampa arena. "Right here in Tampa, we're building the future...
That's a nice sentiment, but America's antiquated rail system will have to advance a long way just to make it to the present, let alone the future. U.S. intercity railroads are a laughingstock compared with those in most other developed nations - and, increasingly, even those in developing nations like China, which is investing more than $300 billion to build more than 16,000 miles of high-speed track...
Today you can travel the 250 miles from Paris to Lyon on the high-speed TGV in two hours. Covering a similar distance from Philadelphia to Boston takes some five hours, and that's on an Amtrak Acela train, the closest thing the U.S. has to high-speed rail. "Every other major industrialized nation has recognized that high-speed rail is key to economic growth and mobility," says Petra Todorovich, director of the America 2050 program at the Regional Planning Association. "It's time for America to realize that as well." (See the most important cars of all time...
When the White House announced last spring that it would allocate billions of stimulus dollars to high-speed-rail projects, states submitted 45 applications for more than $50 billion in aid. In the end, the Federal Railroad Administration decided to distribute $8 billion in funding to 31 states, with the biggest single grants going to California ($2.3 billion) and Florida ($1.3 billion...
...whatever the public's vision of a sparkling new 150-m.p.h. bullet train like those in Japan and Europe, the reality is that not all, or even most, of the stimulus money will go toward creating entirely new rail service. Instead, much of the initial funding will be spent improving and speeding up existing service...