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AXcess News: Obama's high-speed rail needs additional financial support

http://www.axcessnews.com/index.php/articles/show/id/18253

Senators and witnesses alike reached consensus at Tuesday's subcommittee hearing about President Barack Obama's plan to provide $13 billion for a nationwide high-speed railroad system: Federal funding will not be enough.  Participants in the Senate Commerce, Science and Transportation hearing also agreed that the plan would create jobs and reduce carbon emissions, automobile traffic and dependency on foreign oil. Pennsylvania Gov. Ed Rendell, D, co-chair of Building America's Future, said the government finances infrastructure projects the same way the government pays for paper clips.  "It's nuts," he said. "It's time to change."

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