The rail system built with the $200M will purpotedly extend between Chicago and Detroit, and Michigan will receive a share of another $336M for the trains that will ride along this route.
This is part of the $2 billion that Florida turned down for their own federally funded high speed rail system earlier this year. That money has been divided amongst 15 states, including Michigan.
The Department of Transportation claims that these rails will provide access to 80% of Americans in 25 years. How exactly the creation of new railways (which will presumably built alongside or over existing track) is going to provide access to more Americans than current rail cars currently manage to provide, is never explained.
“These projects will put thousands of Americans to work, save hundreds of thousands of hours for American travelers every year, and boost U.S. manufacturing by investing hundreds of millions of dollars in next-generation, American-made locomotives and railcars,” said Vice President Joe Biden.If you enjoy the content at iBankCoin, please follow us on Twitter