Bloomberg: $8 billion in High Speed Rail grants allocate biggest shares to California, Florida projects
Jan. 28, 2010 | 10:32 am
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Bloomberg reports that California will get $2.3 billion and Florida $1.3 billion to help build high-speed passenger-train service, the biggest winners among 31 states sharing $8 billion in rail grants from the U.S. economic stimulus package.
Most of the grants will go toward developing or laying the groundwork for 13 new high-speed rail corridors across the country, the Obama administration said in a statement.
The funding, from the $787 billion stimulus plan approved last year, is one of a number of programs President Obama will lay out in coming weeks aimed at spurring jobs, the administration said.
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