Biden Announces $8.2 Billion Investment in High-Speed Rail Projects Across US

Published on December 8, 2023

The Biden administration on Friday announced $8.2 billion in new funding for 10 passenger rail projects across the country, including the first two high-speed rail projects. The investment is part of $66 billion in funding from the Infrastructure Investment and Jobs Act signed into law by President Joe Biden in November 2021, which marks the largest investment in passenger rail since the creation of Amtrak 50 years ago, according to the White House. President Biden has hailed the law, also known as the Bipartisan Infrastructure Law, as one of his administration’s major legislative victories. He often mentions that he was well-known for traveling frequently by train during his time in the Senate....