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Washington DC

Business & Economy
1:10 pm
Mon January 9, 2012

High-Speed Rail Stalled

High-Speed Rail Stalled

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Lawmakers from North Carolina and Virginia met earlier today in Richmond to plan out the future of a high-speed rail corridor that would link Raleigh to Washington. The meeting was largely symbolic.

Dave DeWitt: High-speed rail is essentially derailed, thanks to last year’s federal budget deal that zeroed out funding in 2012. Some money is still left over from previous grants, but it’s a small percentage of what is needed to make a high-speed train a reality.

Tags: 
High-Speed Rail
Raleigh
Washington DC