Subject: HSR funds redirected
From: "Pio Mortera Nales" <[email-masked]>
To: "Hunter Biden" <[email-masked]>, <[email-masked]>, "Eric Schwerin" <[email-masked]>, "Mike Muldoon" <[email-masked]>
Cc: "Lorenzo Roccia" <[email-masked]>, "Abel Navarro Homet" <[email-masked]>, "Caitlin Yardeny" <[email-masked]>
Date: Wed, 15 Dec 2010 05:03:37 -0500

Hello all,

I send you below a press release that shows where the funds rejected by Wisconsin and Ohio will be redirected to:

Thursday, December 09, 2010
U.S. Department of Transportation Redirects $1.195 Billion in High-Speed Rail Funds

WASHINGTON - U.S. Transportation Secretary Ray LaHood today announced that $1.195 billion in high-speed rail funds originally designated for Wisconsin and Ohio will be redirected to other states eager to develop high-speed rail corridors across the United States. Wisconsin has suspended work under its existing high-speed rail agreement and the incoming Governors in Wisconsin and Ohio have both indicated that they will not move forward to use high-speed rail money received under the American Recovery and Reinvestment Act (ARRA).  As a result, $1.195 billion will be redirected to high-speed rail projects already underway in other states.

"High-speed rail will modernize America's valuable transportation network, while reinvigorating the manufacturing sector and putting people back to work in good-paying jobs," said Transportation Secretary Ray LaHood. "I am pleased that so many other states are enthusiastic about the additional support they are receiving to help bring America's high-speed rail network to life."

The Recovery Act included $8 billion to launch a national high-speed rail program that will modernize America's transportation network, spur economic development domestically and keep the U.S. competitive with other leading nations. High-speed rail grants announced under the Recovery Act can be used only for high-speed rail projects and not for other transportation projects.

Last year, the Obama Administration received a commitment from 30 domestic and foreign rail manufacturers to establish or expand their base of operations in the United States if selected for contracts building America's high-speed rail network. These rail manufacturers and suppliers committed to not only locate in the U.S., but to ensure high-speed rail projects are built by American workers with American-made supplies. To deliver maximum economic benefits to American taxpayers, the Administration's high-speed rail program also includes a 100 percent 'Buy American' requirement.

Under the Recovery Act, the Federal Railroad Administration originally announced $810 million for Wisconsin's Milwaukee-Madison corridor and $400 million for Ohio's Cincinnati-Columbus-Cleveland "3C" route. The Federal Railroad Administration will redirect $810 million from Wisconsin and $385 million from Ohio, and will work with these states to determine whether they have already spent money under their contracts that should be reimbursed.

The $1.195 billion originally designated for those high-speed rail projects in Wisconsin and Ohio will now be used to support projects in the following states:

California: up to $624 million
Florida: up to $342.3 million
Washington State: up to $161.5 million
Illinois: up to $42.3 million
New York: up to $7.3 million
Maine: up to $3.3 million
Massachusetts: up to $2.8 million
Vermont: up to $2.7 million
Missouri up to $2.2 million
Wisconsin: up to $2 million for the Hiawatha line
Oregon: up to $1.6 million
North Carolina: up to $1.5 million
Iowa: up to $309,080
Indiana: up to $364,980

Regards,

Pío Mortera Nales
Ingeniero Industrial

c/ Serrano 26, 8º I
28001, Madrid, Spain
Teléfono: +34 91 781 91 16  -  Fax: +34 91 431 42 01
Móvil: +34 600 574 212
e-mail: [email-masked]<mailto:[email-masked]>