President Joe Biden to announce $ 35 billion in stimulus funds for high-speed train plan . Proposed rail system would span across 16 states . Work is expected to be finished by 12 years , according to Minneapolis/St .
President Obama to announce $ 8 billion in stimulus funds for high-speed train plan . Proposed rail system would span across 31 states . Work is expected to be finished by 2014 , according to White House .