Marking the beginning of an intensive pre-election campaign, President Obama unveiled what he called “a bold new vision to renew and expand America’s investment in transportation infrastructure”…The plan would: (1) abolish modal “silos” by combining roads, transit, railways, airport development and the air traffic control system (NextGen) in a single consolidated transportation infrastructure investment plan; (2) integrate high-speed rail (HSR) into the surface transportation program thus ensuring a sustained commitment to a national HSR program over the next six years; (3) establish an Infrastructure Bank to fund investments of national and regional significance; (4) streamline the surface transportation program by consolidating the many different programs and use analytical measures of performance to identify and prioritize investments of critical importance to the nation’s economy.
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