It wasn’t exactly the Yalta Conference but Jon Hilkevtich of the Chicago Tribune reports on an important meeting today of Midwest leaders:
An agreement signed today seeking to fast-track high-speed passenger rail projects in the Midwest has three powerful engines pulling in its favor: the Obama administration, the clout of congressional delegations from eight states and the support of the nation’s freight railroads.
Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio, Wisconsin and the City of Chicago entered into a memorandum of understanding that commits the governments to coordinate plans to develop 110-mile-per-hour rail corridors across the Midwest.
At Monday’s ceremony, the pact was signed by five governors and Mayor Richard Daley. They all attended a summit in Chicago aimed at laying the groundwork to compete for the largest possible share of $8 billion the Obama administration has allocated for high-speed rail. Three other governors signed the documents earlier.
The rail network will cost an estimated $4 billion and be hubbed in Chicago. As a Chicago resident who doesn’t own a car, I’m totally psyched about a high-speed rail that will connect me to my family in Milwaukee and Minneapolis and, um, maybe Detroit Pistons basketball games in Detroit-Pontiac. I deserve it. But people in Florida, California, North Carolina, Oregon, and Texas also deserve high-speed rail and that leaves the Obama administration with a dilemma: either give the $8 billion in cash to 1-2 projects that will actually be completed or spread it around evenly to all worthy candidates. The second idea, while seemingly more fair, will actually be really silly if the federal government does not set aside more high-speed rail cash (like perhaps in the next surface transportation bill). States are too busy issuing IOUs and shutting down child care centers to invest in the future of mass transit.-MB