{"id":53739,"date":"2023-12-08T17:43:49","date_gmt":"2023-12-08T17:43:49","guid":{"rendered":"https:\/\/prosfunds.com\/politics\/biden-administration-announces-8-2-billion-boost-to-rail-projects-including-las-vegas-to-los-angeles-connection\/"},"modified":"2023-12-08T17:43:50","modified_gmt":"2023-12-08T17:43:50","slug":"biden-administration-announces-8-2-billion-boost-to-rail-projects-including-las-vegas-to-los-angeles-connection","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=53739","title":{"rendered":"Biden administration announces $8.2 billion boost to rail projects, including Las Vegas to Los Angeles connection"},"content":{"rendered":"<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwqyw5j001ba2nq6hjh41xq@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      The Biden administration announced a multi-billion dollar boost to railway construction and improvements across the country on Friday \u2013 including what could become the nation\u2019s first true high-speed rail line.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwr5ezg00063b5vrgqjd14x@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      The rail grants, amounting to $8.2 billion, will be allocated toward 10 projects and are funded by the Infrastructure Investment and Jobs Act signed into law by Biden in November 2021. Biden has touted the law, also known as the Bipartisan Infrastructure Law, as a key accomplishment from his term \u2013 and one his campaign hopes voters will keep top of mind with less than a year to go until the 2024 election.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwrztl9000t3b5v69andkpk@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Following passage of the law, Biden \u2013 known for being an avid train rider during his time in the Senate \u2013 described it as the \u201cmost important investment in public transit in American history.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwrnpn3000h3b5vw23di3i5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Included in Friday\u2019s announcement is $3 billion to fund the Brightline West project to connect Las Vegas, where Biden makes the Friday announcement, to Los Angeles in half the time it currently takes to drive.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwrimny000d3b5viqo1yhk5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Planners hope to complete that project in time for the 2028 Olympics in Los Angeles. Transportation Secretary Pete Buttigieg called that an \u201caggressive timeline,\u201d but said officials would be monitoring progress to keep it on track.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwrt3pg000m3b5vwwpwtkza@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Also among the projects is a controversial high speed rail project connecting Los Angeles and San Francisco.\u00a0The California High Speed Rail project \u2013 which is years behind schedule \u2013 is a frequent target of political criticism over major rail investments.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwruo6x000o3b5v6fl2cmt8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      The top House lawmaker on the subcommittee overseeing rail lines, Republican Rep. Troy Nehls of Texas, recently said at a hearing the project is \u201cdisastrous\u201d and an example of \u201cthe failures of poor planning and government incompetence.\u201d\u00a0 The Transportation Department in the past has even tried to claw back federal funding pumped into the rail line.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwruo6x000p3b5vpeqkdivg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      But on a call with reporters about the announcement, Buttigieg defended the project, saying it is \u201cfacing a lot of the challenges that come with being the first at anything.\u201d\u00a0 He said the project\u2019s virtues include economic and climate benefits, estimating it as the equivalent of taking 400,000 cars off the roads.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clpwruo6x000q3b5vcbxfv14e@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      In all, Buttigieg said, the funding gives rail projects \u201cthe greatest level of acceleration we\u2019ve seen in modern times.\u201d\n  <\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnn.com\/2023\/12\/08\/politics\/bidet-administration-boost-passenger-rail-projects\/index.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration announced a multi-billion dollar boost to railway construction and improvements across the country on Friday \u2013 including what could become the nation\u2019s first true high-speed rail line. The rail grants, amounting to $8.2 billion, will be allocated toward 10 projects and are funded by the Infrastructure Investment and Jobs Act signed into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[39],"tags":[],"class_list":{"0":"post-53739","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Biden administration announces $8.2 billion boost to rail projects, including Las Vegas to Los Angeles connection | Prosfunds<\/title>\n<meta name=\"description\" content=\"The Biden administration announced a multi-billion dollar boost to railway construction and improvements across the country on Friday \u2013 including 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