Kerry and Spector Introduces Landmark High Speed Rail
Photo from indecision2008.com Thanks to beachmom at the Kos for this story, check this story out from the LA Times about John Kerry and Arlen Specter doing what bipartisan does when it actually, you know, works: As reported by the Los Angeles Times, Senator Kerry and Senator Specter introduced the High-Speed Rail for America Act of 2008 on November 20, 2008: The High-Speed Rail for America Act of 2008 builds upon the Passenger Rail Investment and Improvement Act of 2008 which reauthorizes Amtrak and authorizes $1.5 billion over a five-year period to finance the construction and equipment for eleven high-speed rail corridors. It provides billions of dollars in both tax-exempt and tax credit bond and provides assistance for rail projects of various speeds. The bill creates the Office of High-Speed passenger rail to oversee the development of high-speed rail and provides a consistent source of funding. Specifically, the High-Speed Rail for America Act of 2008 provides $8 billion over ...