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High speed passenger rail : effectively using Recovery Act funds for high speed rail projects : testimony before the Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security, Committee on Commerce, Science and Transportation, U.S. Senate / statement of Susan A. Fleming.

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Format:
Book
Government document
Author/Creator:
Fleming, Susan A.
Contributor:
United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security
United States. Government Accountability Office
Series:
Testimony ; GAO-09-786T.
Testimony ; GAO-09-786T
Language:
English
Subjects (All):
United States. American Recovery and Reinvestment Act of 2009.
United States.
American Recovery and Reinvestment Act of 2009 (United States).
High speed trains--United States--Finance.
High speed trains.
High speed trains--United States--Planning.
High speed trains--Government policy--United States.
Railroads--Passenger traffic--United States--Finance.
Railroads.
Railroads--United States--Passenger traffic--Planning.
Railroads--Passenger traffic--Government policy--United States.
Federal aid to transportation--United States.
Federal aid to transportation.
High speed trains--Finance.
High speed trains--Government policy.
High speed trains--Planning.
Railroads--Passenger traffic--Finance.
Railroads--Passenger traffic--Planning.
Physical Description:
4 pages : digital, PDF file.
Other Title:
Effectively using Recovery Act funds for high speed rail projects
Place of Publication:
[Washington, D.C.] : U.S. Govt. Accountability Office, [2009]
Summary:
This testimony discusses the implementation of high speed intercity passenger rail projects in the American Recovery and Reinvestment Act of 2009 (the Recovery Act). The $8 billion provided by the Recovery Act for high speed and other intercity passenger rail projects has focused more attention on and generated a great deal of anticipation about the possibility of developing high speed rail systems in the United States. These projects are seen by some as serving an important transportation role, by moving people quickly and safely, reducing highway and airport congestion, and being environmentally friendly. This testimony focuses on (1) the factors identified that affect the economic viability of high speed rail projects and (2) how the Federal Railroad Administration's (FRA) recent strategic plan incorporates those factors. While the potential benefits of high speed rail projects are many, these projects--both here and abroad--are costly, take years to develop and build, and require substantial up-front public investment, as well as potentially long-term operating subsidies. Determining which, if any, high speed rail projects may eventually be economically viable will rest on factors such as ridership potential, costs, and public benefits. FRA largely agrees with our March report. FRA's strategic plan for high speed rail outlines, in very general terms, how the federal government may invest the $8 billion in Recovery Act funds for high speed rail development. However, this plan does not establish clear goals for the federal government in high speed rail--other than establishing a "longer term goal of developing a national high speed intercity passenger rail network of corridors"--And does not define a clear federal role for involvement in high speed rail projects other than providing Recovery Act funds. As such, in our view, it is more a vision than a strategic plan. As part of a discussion to prepare for this hearing, FRA told us that it sees its strategic plan as a first step and that it intends to seek structured input from stakeholders and the public to help develop strategies to implement its vision.
Notes:
Title from title screen (viewed on July 11, 2009).
"For release ... June 23, 2009."
Includes bibliographical references.
OCLC:
424352480

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