A new report finds that our train system would make money if it stuck to short routes between major cities. It’s when it tries to be fair to the wide-open parts of the country that the problems start.
It's a dream to make Joe Biden weep: trains that connect East Coast cities at 220 miles per hour. But it won't be finished until 2040. Hear that sound? That's Europe and Asia laughing.
Efficient high-speed rail networks are already staple of many European and Asian countries. President Obama outlined an ambitious plan today to bring the United States up to speed--literally. It won't be cheap.