Through the end of 2010, stimulus investments in public transportation have created almost twice as many jobs per dollar as highway spending – and the advantage is growing.
The Obama administration’s recent decision to award $31 million in high speed rail funds to Missouri is the first step towards a stronger, faster rail system that will reduce congestion, oil use, and carbon emissions, but there is much still to be done.
Statement of Andrew Bailey on today’s announcement from the Obama administration that over a billion dollars is slated to be spent on high speed rail connecting Kansas City, St. Louis, and Chicago through the American Recovery and Reinvestment Act.