President Obama’s budget director Jack Lew in a Sunday opinion piece outlined some off the “tough choices” Obama is willing to make to cut spending in his 2012 budget request due out on Feb. 14.
President Barack Obama is calling for a six-year, $53 billion spending plan for high-speed rail, as he seeks to use infrastructure spending to jump-start job creation.
An initial $8 billion in spending will be part of the budget plan Obama is set to release Monday. If Congress approves the plan, the money would go toward developing or improving trains that travel up to 250 mph, and connecting existing rail lines to new projects. The White House wouldn’t say where the money for the rest of the program would come from, though it’s likely Obama would seek funding in future budgets or transportation bills.
Michelle Malkin has a little bit of fun with the guy who annouced the project and adds, “High-speed rail to nowhere.”