High Speed Rail might be de-railed

It’s very likely that one of the casualties of the mid-term elections will be the high-speed-rail grants.

Representative John Mica (R-FL) who is in line to be chairman of the House Committee on Transportation and Infrastructure has indicated he wants to re-examine all $10 billion worth of high-speed-rail grants that have already been awarded around the country.

High speed rail service would be an extremely cost effective competitor to increasing air transportation; it would be far more eco-friendly; use less energy; potentially use renewable energy; and unlike airports, high speed rail stations could be in the middle of busy metropolitan areas.

No question the US has to tighten it’s belt and bring it’s spending in line with it’s bank accounts — but investments in long term infrastructure improvements are likely what will allow the economy to rebound and gain a solid footing.

I’d say we need to look at all the spending and make sure we make cuts where it’s waste first — and then weigh the costs and benefits before making other cuts.

As I’ve posted before — we could cut down the salaries, retirement pensions, and health insurance costs for elected official… that’s a good start to savings — and elected officials should get the same “benefits” they approve for the American people.

Originally posted 2010-11-23 02:00:13.