Trains.com

TRAINS Newswire 02/15/05 - Federal funding of passenger rail

542 views
0 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    April 2003
  • 305,205 posts
TRAINS Newswire 02/15/05 - Federal funding of passenger rail
Posted by Anonymous on Tuesday, February 15, 2005 3:06 PM
http://www.trains.com/Content/Dynamic/Articles/000/000/005/747wjcxo.asp

One interesting point made by Mineta regarding passenger rail funding is the concept of a 50/50 federal/state match in funding. This is consistent with current highway funding structures, but out of step with the 80/20 fed/state funding of the Interstate Highways System. The article also gives subtle reference that such funding would be for rail infrastructure, not necessarily rail operations. If comprehensive and true, this would be a major step forward for the federal approach to railroading in general.

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy