Current:Home > FinanceBiden administration announces largest passenger rail investment since Amtrak creation -Global Finance Compass
Biden administration announces largest passenger rail investment since Amtrak creation
View
Date:2025-04-17 07:27:53
Las Vegas — President Biden on Friday is announcing $8.2 billion in new funding for 10 passenger rail projects nationwide, representing the largest federal investment in passenger rail transportation since Amtrak was created in 1971.
Mr. Biden's trip to Nevada was originally planned to highlight the $3 billion federal investment in the high-speed rail line from Las Vegas to the greater Los Angeles area. But after the mass shooting Wednesday at the University of Nevada, Las Vegas, that resulted in the deaths of three people, his stop there will take a more somber note.
White House press secretary Karine Jean-Pierre said the president will address the shooting in a speech to Las Vegas union members Friday, but it's not clear whether the president will visit the campus, which is just a few miles away.
The $3 billion in new federal funding for the Las Vegas-Los Angeles rail line is about a third of the total projected cost of the new Brightline West train line, which is projected to be finished before the 2028 Olympics in Los Angeles. The company touts the train on its website as the "first true high-speed passenger rail system in the nation."
Transportation Secretary Pete Buttigieg told reporters the rail line is expected to carry 11 million passengers at its peak, and the total trip will take about two hours — which is about half the time it takes to drive.
Other passenger rail projects that will receive funding include a Los Angeles-San Francisco train that will reach 220 miles per hour, a rail expansion between Washington, D.C., and Richmond, Virginia, and other upgrades in Pennsylvania, Maine, Massachusetts, Montana and other states.
There is a years-long lag time between the projects' funding and their completion. But Biden administration officials hope the president's spotlight — and resulting union jobs from the construction — will help boost public support for Mr. Biden's economic policies. A CBS News poll last month found Americans believe their finances would be better off if former President Trump were elected over Mr. Biden in 2024.
Administration officials are hoping the funding for public transport upgrades will rub off on voters before next year's election.
"If you've even seen the standard of passenger rail service in Japan, or Germany or for that matter Spain or Italy, and come home, and say, 'why can't we have these nice things,' this is the beginning of the answer to that," Buttigieg said.
- In:
- Joe Biden
- High-Speed Rail
Bo Erickson is a reporter covering the White House for CBS News Digital.
TwitterveryGood! (3893)
Related
- The Daily Money: Spending more on holiday travel?
- Lindsay Lohan and Jamie Lee Curtis Share Update on Freaky Friday Sequel
- Judge Fails to Block Dakota Pipeline Construction After Burial Sites Destroyed
- Algae Fuel Inches Toward Price Parity with Oil
- Senate begins final push to expand Social Security benefits for millions of people
- Below Deck’s Kate Chastain Response to Ben Robinson’s Engagement Will Put Some Wind in Your Sails
- Hillary Clinton Finally Campaigns on Climate, With Al Gore at Her Side
- Thousands of dead fish wash up along Texas Gulf Coast
- Trump invites nearly all federal workers to quit now, get paid through September
- See How Days of Our Lives Honored Deidre Hall During Her 5,000th Episode
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 13 Things You Can Shop Without Paying Full Price for This Weekend
- Demi Lovato Recalls Feeling So Relieved After Receiving Bipolar Diagnosis
- I-95 collapse rescue teams find human remains in wreckage of tanker fire disaster in Philadelphia
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- This Top-Rated $9 Lipstick Looks Like a Lip Gloss and Lasts Through Eating, Drinking, and Kissing
- Thousands of dead fish wash up along Texas Gulf Coast
- You Know That Gut Feeling You Have?...
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Coping With Trauma Is Part of the Job For Many In The U.S. Intelligence Community
Inside South Africa's 'hijacked' buildings: 'All we want is a place to call home'
Ashley Graham Shares the Beauty Must-Have She Uses Morning, Noon and Night
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Myrlie Evers opens up about her marriage to civil rights icon Medgar Evers. After his murder, she took up his fight.
Reena Evers-Everette pays tribute to her mother, Myrlie Evers, in deeply personal letter
Revolve's 65% Off Sale Has $212 Dresses for $34, $15 Tops & More Trendy Summer Looks