The Race Is On For Rail Funding

The Fed's passenger rail stimulus program kicked opened its doors on Monday, and states were ready with a slew of funding requests. California submitted 42 applications, totaling $1.1 billion.
August 25, 2009, 10am PDT | Tim Halbur
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"Federal Railroad Administration grants will be awarded beginning in late September or early October, said FRA Administrator Joseph Szabo.

One factor that could influence the FRA's decisions is how much money the states themselves are willing to contribute."

Mr. Szabo also explains that this is just the beginning, and that the administration 'intends to transform the way Americans travel."

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Published on Tuesday, August 25, 2009 in The Wall St. Journal
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