NEW : The Obama administration on Monday announced the reallocated funding , part of its push to spur environmentally friendly transportation and modernize the nation 's infrastructure that 's supported partly by the 2009 economic stimulus package . Obama administration gives out $ 2 billion for high-speed rail projects . NEW : This comes after Orlando authorities reject Nearly $ 300 million for an Orlando -to- Tampa line . 25 years wants 80 % of Americans to have access to high-speed rail within Obama . Critics contend the project is wasteful and will do little to boost economic competitiveness .
NEW : Obama administration gives out $ 2 billion for high-speed rail projects . NEW : This comes after Orlando authorities reject Nearly $ 300 million for an Orlando -to- Tampa line . 25 years wants 80 % of Americans to have access to high-speed rail within Obama . Critics contend the project is wasteful and will do little to boost economic competitiveness .