Tuesday, October 04, 2011

For High-Speed Rail It Looks Like the End of the Line

New Geography reports:
With its vote on September 21, the Senate Appropriations Committee ended the rail boosters’ hopes of getting a meaningful appropriation for high-speed rail in the new (FY 2012) fiscal year. It probably also dealt a decisive death blow to President Obama’s loopy goal of "giving 80 percent of Americans access to high-speed rail."

By including only a token $100 million for high-speed rail as a "placeholder" in their FY 2012 budget recommendations (a sum that is likely to be further cut in the House-Senate negotiations on the FY 2012 appropriations), Senate appropriators have done more than merely declare a temporary slowdown in the high-speed rail program. They have effectively given a vote of "no confidence" to President Obama’s signature infrastructure initiative.
A scam can't continue forever.