by Michael Tarm, Associated Press, February 1, 2010

CHICAGO (AP) - The $8 billion in stimulus cash awarded to 13 high-speed rail corridors across the country may seem like a windfall for advocates, but there’s a catch: The money isn’t enough to finish any of the major projects.

State coffers are dry and federal spending is being cut back, so it’s unclear who, if anyone, will pay the rest of the multi-billion dollar bill.

Many states have been vague about how they would foot their part of the bill. But experts say most are counting on the federal government to cover at least half of their costs over the next few decades—a hope that may clash with President Barack Obama’s recent pledge to curb spending.

Read more at http://www.breitbart.com/article.php?id=D9DJMCT02&show_article=1

Beware Wisconsin taxpayers!!

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