Rail to benefit from Obama stimulus

February 2009
Railway Gazette International;Feb2009, Vol. 165 Issue 2, p25
Trade Publication
The article reports on the effort of U.S. President Barack Obama to push ahead with legislation to fund a national economic stimulus package. The administration reportedly wants to see the American Recovery & Reinvestment Act passed by both the House and Senate in Congress and be ready for the president's signature by February 16, 2009. A draft version of the proposed package released includes $10 billion (bn) for public transport projects plus $1.1bn for Amtrak and high speed passenger rail, along with $30bn to be spent on roads.


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