When is high-speed rail not high-speed rail? When it rolls on U.S. rail tracks. On Oct. 28, the Department of Transportation gave out $2.4 billion in grants to high-speed rail projects. This is on top of the $8 billion that was included in the American Recovery and Reinvestment Act, commonly known as the stimulus package. Most of these projects are simply for slight upgrades to the network. If you think this money will usher in a new era of European-style trains, think again.
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