Obama spends $600 million on rail projects that benefit private companies
By Curtis Tate
McClatchy Washington BureauDecember 2, 2013 Updated 11 hours ago
WASHINGTON — The railroad industry brags in its national publicity campaign that it spends billions of dollars improving its infrastructure “so taxpayers don’t have to.”
But the ads don’t tell everything. The nation’s freight rail network has been the quiet recipient of more than $600 million in federal investment during the Obama administration.
According to Federal Railroad Administration numbers, at least half that amount has gone to projects that benefit the nation’s four largest railroads, the same companies at the heart of the industry’s ubiquitous “Freight Rail Works” campaign.
That doesn’t even include tens of millions more that states have contributed for additional investment in ports and high-speed passenger trains that’s boosted the nation’s freight railroads.
Read more here: https://www.mcclatchydc.com/2013/12/02/210101/obama-spends-600-million-on-rail.html#storylink=cpy
Isn’t this what republicans want? Money going to the “Job Creators”? In the context of rail transport, no less; how Randian. If Bush did this (remember his 2003 Amtrak bailout?) you would be jumping up and down clapping your hands lime a little girl.
How much has the US government paid Halliburton since 2002?