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Cost Benefit Analysis of Washington-Richmond High-Speed Rail

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<strong>Cost</strong> <strong>Benefit</strong> <strong>Analysis</strong> <strong>of</strong> <strong>Washington</strong>-<strong>Richmond</strong> <strong>High</strong>-<strong>Speed</strong> <strong>Rail</strong> Spring 2010<br />

days <strong>of</strong> ISTEA, the Federal government has taken small steps in laying the groundwork for a high-speed<br />

intercity passenger rail network—until 2009.<br />

2.1 <strong>High</strong>-<strong>Speed</strong> <strong>Rail</strong> Grant Selection by Obama Administration<br />

President Barack Obama's vision for the future <strong>of</strong> intercity transportation, envisions development <strong>of</strong><br />

high-speed intercity passenger rail as a complement to the Nation's highway and aviation system,<br />

moved from policy concept to program reality with the enactment <strong>of</strong> the American Recovery and<br />

Reinvestment Act (ARRA) on February 17, 2009. Title XII <strong>of</strong> ARRA provided the U.S. Department <strong>of</strong><br />

Transportation (DOT) $8 billion and directed DOT, consistent with the statutory authorizations <strong>of</strong> grant<br />

programs made under sections 301, 302 and 501 <strong>of</strong> the Passenger <strong>Rail</strong> Investment and Improvement Act<br />

<strong>of</strong> 2008 (PRIIA), to initiate a program <strong>of</strong> high-speed intercity passenger rail capital investment.<br />

Consistent with the provisions <strong>of</strong> ARRA, and with direction from the Secretary <strong>of</strong> Transportation, the<br />

FRA produced a high-speed rail strategic plan, “Vision for <strong>High</strong>-<strong>Speed</strong> <strong>Rail</strong> in America,” in April 2009.<br />

Based upon the President’s vision for high-speed rail in America, the initial $8 billion in investment was<br />

focused on the following areas that will deliver transportation, economic recovery and other public<br />

benefits:<br />

12<br />

• Building new HSR corridors that will fundamentally expand and improve passenger<br />

transportation in the geographic regions they serve<br />

• Upgrading existing intercity passenger rail services<br />

• Laying the groundwork for future high-speed passenger rail services through smaller projects<br />

and planning efforts<br />

To that end, the administration, through the FRA, proposed to advance the development <strong>of</strong> a system <strong>of</strong><br />

high-speed intercity passenger rail service across the nation. One corridor in particular, the Southeast<br />

Corridor, has been planned for over a decade through the coordinated efforts <strong>of</strong> the States <strong>of</strong> North<br />

Carolina, and Virginia. When these improvements are completed the corridor from Atlanta, Georgia in<br />

the south, through Charlotte, Raleigh and <strong>Richmond</strong> to <strong>Washington</strong>, D.C. in the north will be served by<br />

an integrated network <strong>of</strong> HSR for passengers that provides intercity connectivity from the Southeast<br />

Corridor though the Northeast Corridor. Moreover, the future <strong>of</strong> HSR in the United States will be<br />

contingent upon the continued support from the administration and the Congress. As it stands, the $8<br />

billion investment in HSR corridors is just the beginning. As the program matures, discussions will<br />

continue as part <strong>of</strong> future surface reauthorizations proposals.<br />

“Imagine whisking through towns at speeds over 100 miles an hour, walking only a few steps to public<br />

transportation, and ending up just blocks from your destination. Imagine what a great project that<br />

would be to rebuild America.”<br />

President Barack Obama (April 16, 2009)

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