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News Link • Obama Administration

Money woes could threaten high-speed rail's future

• AP

The $8 billion in stimulus cash awarded to 13 high-speed rail corridors across the country may seem like a windfall for advocates, but there's a catch: The money isn't enough to finish any of the major projects.

State coffers are dry and federal spending is being cut back, so it's unclear who, if anyone, will pay the rest of the multi-billion dollar bill.

 

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