$19 billion in dedicated funding for rail as President Obama lays out vision for 21st century transportation infrastructure.

Obaba Image Train

President Barack Obama shakes hands with a worker as he and Transportation Secretary Anthony Foxx tour the Metro Transit Light Rail Operations and Maintenance Facility in St. Paul, Minn., Feb. 26, 2014. (Official White House Photo by Pete Souza)

February 26th  saw US President Barack Obama speak at the historic Union Depot train station in Saint Paul, Minnesota and launch a competition for $600 million in competitive transportation funding and outline his vision for investing in America’s infrastructure with a $302 billion, four year surface transportation re-authorization proposal. Railways are a major part of the the programme along with other aspects of public transport and will also work with Congress to act to ensure critical transportation programs continue to be funded and do not expire later this year.

The proposal increases average transit spending by nearly 70 percent annually, for a total program of $72 billion over four years, which will enable the expansion of new projects (e.g., light rail, street cars, bus rapid transit, etc.) in suburbs, fast-growing cities, small towns, and aging rural communities, while still maintaining existing transit systems.Whilst $19 billion in dedicated funding for rail programs including nearly $5 of billion annually for high performance and passenger rail programs with a focus on improving the connections between key regional city pairs and high traffic corridors throughout the country.

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