Demand for American Recovery and Reinvestment Act grants for high-speed rail far outstrips the $8 billion available. The U.S. Dept. of Transportation's Federal Railroad Administration reported on July 16 that it had received 278 "pre-applications" for the rail grants, with applicants requesting a total of $102 billion. The department expects to award the first batch of economic-stimulus rail grants in the fall.
In another sign of the red-hot interest in the fast trains, the House Appropriations Committee on July 17 included $4 billion for high-speed rail in its fiscal 2010 transportation spending bill. That quadruples the amount President Obama requested. The regular 2010 appropriations would supplement the ARRA's $8 billion.