Wednesday, December 3, 2008

Senator Kerry for High Speed Rail

I was looking on the blog, 'Trains for America' and the author posted the full letter Senator Kerry sent out to his fellow colleagues concerning a proposal he has made. You can read it below.

Dear Colleague:

With gas prices over $4 a gallon, I believe the sense of urgency has finally arrived, and the time is ripe to make a long-term investment in passenger rail – and make the United States a world leader again in high-speed rail. It would reduce the congestion on our highways and in the skies, reduce our use of foreign oil, and reduce greenhouse gas emissions. High-speed rail would be the fastest and most reliable way to get from downtown to downtown for most city pairs between 100-500 miles apart, saving up to an hour per trip when compared to air and cutting trip time by more than 50 percent compared to driving. Perhaps most importantly, the bill would create tens of thousands of good new jobs and help stimulate the sluggish economy.

That’s why I am writing to ask for your support for the High-Speed Rail for America Act. The legislation creates the funding mechanism to create a world class high-speed rail system in the United States, and establishes an office of high-speed rail in the Federal Railroad Administration to ensure we have the leadership needed to keep this mission on track.

I know that you’ve heard the skeptics and cynics dismiss the idea of high-speed rail for decades. But recently, we have seen a shift in the way Americans are using transportation that indicates the time is ripe for a big change. The American Public Transportation Association recently reported that streetcars, trolleys and other light rail experienced a 10.3 percent increase in ridership for the first quarter of this year. It’s no secret why this is happening: According to a 2007 report by the Texas Transportation Institute, traffic congestion continues to worsen in cities across the country, creating a $78 billion drain on the U.S. economy with 4.2 billion lost man hours of work and 2.8 billion gallons of wasted fuel. In 2007, domestic flight delays cost the economy $41 billion and consumed about 740 million additional gallons of jet fuel. Passenger rail is an effective alternative to highway and air transportation. Americans want alternatives – and we can deliver them.

I believe the High Speed Rail for America Act helps to point the way forward. The bill provides a consistent source of funding – over the course of six years, this bill provides $200 million per year in grants, $3 billion in tax exempt bonds, $10 billion in tax credit bonds for high-speed intercity rail facilities, and $5.4 billion in tax credit bonds for rail infrastructure. The legislation is designed to fund high-speed passenger trains that can reach a speed of at least 150 mph as well as passenger trains for shorter distances which can reach a speed of 110 mph.

We have ignored our rail infrastructure for far too long and this bill is an important step towards creating a modern and reliable transportation network in the United States. If you would like to be an original cosponsor of this legislation or need additional information… [contact information omitted].

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