President Obama Announces Passenger Rail Funding Strategy |
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View President Obama's Vision for High Speed Rail in America Quick Facts Chicago-Quad Cities Amtrak Route Cost: $22.7 million Additional benefits are expected by extending the corridor from the Quad Cities to Iowa City, Des Moines, and Omaha. |
The Quad Cities Passenger Rail Coalition is optimistic about future of the Quad Cities-Chicago Amtrak route after President Barack Obama released his passenger rail strategic funding plan on Thursday, April 16th. “QC Rail has been actively positioning the Quad Cities for state and federal funding,” said Paul Rumler, Executive Director of the Quad Cities Passenger Rail Coalition. “The $8 billion dedicated for passenger rail in the American Recovery and Reinvestment Act of 2009 was an important paradigm shift in how Americans view the future of transportation. Today marks a new milestone for the reality of passenger rail. President Obama presented a funding strategy for a comprehensive national passenger rail system that includes intercity and high speed rail service. QC Rail is eager to continue its efforts to ensure the Chicago to Quad Cities Amtrak route receives funding as part of that plan.” The President’s “Vision for High-Speed Rail in America” plans to invest “in an efficient, high-speed passenger rail network of 100-600 mile intercity corridors that connect communities across America. In what is intended to be a long-term commitment, the strategic plan emphasizes directing funding that will result in “tangible benefits to intercity rail infrastructure, equipment, performance, and intermodal connections over the next several years, while also creating a ‘pipeline’ of projects to enable future corridor development.” The strategy outlined funding for 1) Individual rail projects (like the Quad Cities) that are “ready to go,” 2) Corridor programs to develop entire phases or geographic section of corridor programs, and 3) Planning activities to create a pipeline of projects to complete a fully developed rail network. The President and U.S. Secretary of Transportation plan to release application guidelines by June 17th, with funding made available to passenger rail projects by the end of summer 2009. |