‘Watershed Moment’ For U.S. Rail With $8 Billion For Passenger, Bullet Train Projects

News Snapshot:

Brightline's planned Las Vegas to Los Angeles railway intends to be the first true high-speed train in the U.S. Brightline President Joe Biden is a self-described train fan, commuting between Washington, D.C. and Delaware on Amtrak for decades as a Senator. Now to beef up U.S. passenger rail, his administration is doling out more than $8 billion, including funds for two high-speed trains in California and Nevada. The Transportation Department’s Federal Railroad Administration is releasing $8.2 billion from the 2021 Bipartisan Infrastructure Law to help fund 10 passenger rail projects across the country, including about $3.1 billion for California to...