WASHINGTON — The White House is doling out $8 billion in grants for high-speed rail projects, an initiative touted as a jobs creator.
WASHINGTON — The White House is doling out $8 billion in grants for high-speed rail projects, an initiative touted as a jobs creator. President Barack Obama and Vice President Joe Biden announced the grants at a town hall-style meeting in Tampa, Fla., Thursday — a follow-up appearance to the president’s State of the Union address. The administration says the rail projects will save or create tens of thousands of jobs. Thirteen rail corridors in 31 states will receive funds. Projects in California, Florida and Illinois are among the big winners. Though the White House billed the program as "high-speed rail," most of the trains won’t reach the speeds seen in Europe and Asia. Copyright 2010 The Associated Press.
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