Federal budget compromise guts train funding!

According to our friends at the Midwest High Speed Rail Association:

In the deal worked out between the White House and House and Senate leaders late Friday night, high speed rail funding was slashed.

The High-Speed and Intercity Passenger Rail program was cut to $1 billion, a $1.5 billion reduction from the 2010 level. The deal also cut the transit "New Starts" program by $280 million.

High-speed trains are the single best investment we can make in our economic future. A $1.5 billion cut is counterproductive to the goals of jumpstarting economic growth and making the U.S. less dependent on expensive oil.