FACT SHEET: President Biden Announces Billions to Deliver World-Class High-Speed Rail and Launch New Passenger Rail Corridors Across the Country | The White House

December 08, 2023HomeBriefing RoomStatements and Releases$8.2 Billion from the President’s Investing in America Agenda to Deliver Transformative Passenger Rail in AmericaPresident Biden’s Investing in America Agenda – a key pillar of Bidenomics – is delivering world class-infrastructure across the country, expanding access to economic opportunity, and creating good-paying jobs. By delivering $66 billion from the Bipartisan Infrastructure Law – the largest investment in passenger rail since the creation of Amtrak 50 years ago – President Biden is delivering on his vision to rebuild America and win the global competition for the 21st century. Today, the Biden-Harris Administration is announcing $8.2 billion in new funding for 10 major passenger rail projects across the country, including the first world-class high-speed rail projects in our country’s history. Key selected projects include: building a new high-speed rail system between California and Nevada, which will serve more than 11...