Tuesday, February 17, 2009

Money for high speed train could soon be coming to Las Vegas


Eight billion dollars from President Obama's stimulus package could be on its way to Nevada to help fund the long talked about high speed train.

The train would extend from Las Vegas to Anaheim, California and would only take 86 minutes to get from one city to another.

Its been talked about for more than a decade, but the funding was never there.

The train is called a Mag Lev.

Mag Lev stands for magnetic levitation, which is how the train travels on the track, by using magnets and electricity at a speed of 300mph.

To build one from Anaheim to Las Vegas would cost 12 to 14 billion dollars.

While the stimulus package doesn't say a word about the train, it does provide eight billion dollars for unspecified high-speed and intercity passenger rail projects.

"Money that shouldn't be spent right now, we need to worry about other things," Californian Eric Bragg says.

Bragg says we should worry about things like filling our gas tanks, or education, or even the housing crisis.

This eight billion is not ear marked to any specific project, so there is no guarantee Las Vegas will get all or any of the money.

There are several proposals for rail projects like this one across the country.

There's a 33 billion dollar plan to build one from Anaheim to San Francisco that will also compete for money from this package.

http://www.ktnv.com/Global/story.asp?S=9850113

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