[Thursday], the U.S. House passed its housing and transportation bill, which will provide funds for fiscal year 2010. Approved mostly by members of the majority Democratic party, the bill would allocate $4 billion to high-speed rail programs — if the Senate’s version, likely to be considered after the August recess, includes the same provision. If a planned infrastructure bank is authorized by the Congress later this year, $2 billion of the included funds would be shifted there and could be devoted to non-rail projects, though that prospect appears unlikely at this time.
In the President’s Budget, released earlier this year, Mr. Obama asked the Congress to devote $1 billion for the next five years for high-speed rail, in addition to the $8 billion already marked for the program under the stimulus bill. The House’s decision to increase that number to $4 billion is a direct reaction to the huge response from states and the private sphere for stimulus-based federal rail grants. The FRA revealed that forty states had applied for more than $103 billion.
Excellent. I hope this increases Texas’ chances of getting SUPERTRAIN funds.
Thinking forward to when the Texas T-Bone is up and running, how attractive would it be as a travel option? Right now, a round trip to Austin is a bit more than 300 miles for me, or about a tank of gas. That’s $25-$40 depending on one’s fuel efficiency at $2.50 a gallon gas. There isn’t a direct Amtrak route from Houston to Austin now, but a round trip between Houston and San Antonio would run you about $70. You’ll note those departure and arrival times aren’t exactly convenient, and the train ride is much longer than driving would be, but one presumes the future T-Bone train would run more frequently, with business day trips in mind, and likely at a lower cost. Assuming it has amenities like WiFi and electric outlets, even at cost that’s higher than driving and a comparable trip duration, I’d consider it a win. As long as I could get between the station and my destination in Austin easily enough – Austin’s future light rail line will be of some help, imperfect as it may be – it would be something I’d strongly consider. We’ve a long way to go before we get there, but it’s worth looking forward to. Thanks to Yglesias for the link.