The Department of Transportation has received 278 applications for high-speed rail stimulus funds. Not surprisingly, the various proposals add up to far more than the $8 billion that is available for such projects.
Six New England states want the entire $8 billion for themselves. North Carolina wants $6 billion. Oregon & Washington are hoping for $2.1 billion. Texas wants a modest $1.7 billion, mainly for planning 200-mph trains between San Antonio, Dallas, and Houston.
That’s almost $18 billion so far, and this barely scratches the surface of the proposals.