Cost Benefit Analysis of Washington-Richmond High-Speed Rail
Cost Benefit Analysis of Washington-Richmond High-Speed Rail
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)