High Speed Rail on the fast track in the U.S.

Friday - 4/24/2009, 2:09pm EDT

Karen Rae

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President Barack Obama recently outline plans to develop high speed rail in the United States.

Mr. Obama likened the project to the 1950's creation of our interstate system.

$8 billion has been set aside for the project. That money is part of the $787 billion economic stimulus spending package.

Producer Katrina Briggs spoke with Karen Rae, Deputy Administrator at the Federal Railroad Administration, about this new investment.