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May 29, 2009

$8B for high-speed rail is 'purely seed money'

By MARGIE SLOVAN
Journal Staff Reporter

The $8 billion in stimulus funds the Obama Administration is planning to invest in high-speed rail is “purely seed money,” a consultant told a roomful of rail boosters yesterday at a forum organized by the Cascadia Center.

“I think it's very unrealistic” to hope for a network of high-speed rail lines around the U.S. any time soon, said Larry Salci, who is past president of several rail companies, including Bombardier Corp. and Colorado Railcar.


 
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