• High Speed Rail
  • November 30, 2010 | Author: James D. Masterman
  • Law Firm: Greenberg Traurig, LLP - Boston Office
  • As the American economy slowly recovers, it is worth noting that the economic stimulus package, the American Recovery and Reinvestment Act (ARRA; P.L. 111-5) of February of 2009, includes $8 billion for intercity passenger rail and high speed rail projects. The ARRA funding is certainly not the first time Congress has invested tax dollars in high speed rail service. Congressional interest in high speed rail (HSR) dates back to the 1960s, but it is the ARRA funding which has had the industry buzzing since its announcement almost two years ago.