President Barack Obama said in last month 's State of the Union address that he was setting a goal of giving 80 percent of Americans access to high-speed rail within 25 years . The Obama administration is proposing to spend $ 53 billion more on high-speed rail . This would be a huge increase over the current budget of about $33 billion, but it's not clear how much additional money will actually go towards building new lines and stations ( which are needed ) or The proposal may face a cool reception among GOP leaders worried about federal spending .
The Obama administration is proposing to spend $ 53 billion more on high-speed rail . This would be a huge increase over the current budget of about $33 billion, but it's not clear how much additional money will actually go towards building new lines and stations ( which are needed ) or The proposal may face a cool reception among GOP leaders worried about federal spending .