Biden budget would spark 'second great rail revolution'

President Joe Biden last week presented to Congress his fiscal-year 2022 discretionary budget request, including $25.6 billion for the U.S. Department of Transportation (USDOT).

The amount proposed for USDOT represents a 1.3% increase over FY2021 enacted funding. The budget proposal "sparks the second great rail revolution" by including $625 million for a new competitive grant program to invest in passenger rail as a competitive, low-carbon option for intercity travel, according to the president's request.

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