Associated Press reports that Congress will eliminate any additional HSR fund for FY12. CBS Radio News also reported same during the 5AM CT hour Today:
Associated Press courtesy WRAL-TV
Brief passage:
- WASHINGTON — Congress is on the verge of killing funding for President Barack Obama's signature high-speed rail program, but it may have some life in it still.
Republican lawmakers are claiming credit for killing the program. But billions of dollars still in the pipeline will ensure work will continue on some projects. And it's still possible money from another transportation grant program can be steered to high-speed trains.
Obama had requested $8 billion in fiscal 2012 for the program, and $53 billion over six years. House and Senate negotiators agreed to a measure this week that eliminates any funding specifically for high-speed trains. Final passage of the bill, which funds day-to-day operations at the Transportation Department and several other agencies in fiscal 2012, is expected Thursday in the House and Friday in the Senate.
It appears that, although there will not be any general appropriation for HSR, there are other potential funding sources to be tapped. further, there are unexpanded appropriations for HSR, so by no means will any activity developing HSR come to a stop. For example, the "roundly" Merced to "roundly" Bakserfield California HSR route has been funded. The projects under ARRA '09 for which States have agreed to participate as called for under the law, will also move forth.
Amtrak apparently holds high on its wish list forty additional Acela cars, which presumably would be Coaches. This is a program for which if there is anything Amtrak has that could be attractive to the private sector to enter into a "risk-reward' venture (as distinct from the usual cost plus "government contract' arrangement), this would be it. True, there are many areas in which Amtrak and its private sector partner could find contentious, i.e. who pays for the necessary additions to the three Acela car barns?, what disproportionate share of the profits arising from the forty additional cars can Amtrak retain because they developed the 'franchise" into an unquestioned commercial success? But if an effort is made to work witha partner, Amtrak's standing with those in Congress, such as Rep. John Mica (R-FL7) who have held that these should be private sector involvement in rail passenger service, can only be enhanced.