Washington, DC – U.S. Transportation Secretary Ray LaHood issued the following statement today:
“President Obama's historic investments in a national high-speed rail network will enable America to win the future by creating construction and manufacturing jobs today and laying the foundation for future economic growth. By building safe, reliable and energy-efficient passenger rail corridors we will be able to help small businesses thrive and move people and goods more quickly than ever before. I am thrilled to congratulate the State of Washington, BNSF, and Amtrak for their contributions to the agreement signed today by the Federal Railroad Administration and Washington DOT that will make $590 million available for work to begin on significant improvements to the popular Cascades corridor, which connects Eugene, Portland, Seattle, and Vancouver. Thanks to the hard work, dedication, and flexibility of all parties involved in the negotiations, this agreement will immediately put Washingtonians to work in good paying jobs, significantly improve rail service for commuters and travelers, and preserve the world-class freight rail system America has today.”
Additional background on the agreement:
As part of the President’s long-term vision to give 80% of Americans access to high-speed rail in the next 25 years, this initial $590 million in funding for high-speed and intercity passenger rail will create more than 6,000 direct and indirect jobs in the Washington region. And thanks to the performance standards included in this agreement, travelers will benefit from two additional daily roundtrips between Seattle and Portland, a 10 minute reduction in travel time, and reliability improvements of up to 88%. With the signing of this agreement, 5 of the 6 high-speed rail corridors that require coordination with freight railroads now have a signed agreement in place. The Department of Transportation will build on this momentum to realize President Obama’s vision of a national high-speed rail system that will allow American workers to out-build, out-innovate, and out-compete the rest of the world.