Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

High-speed rail derails in Wisconsin

The loss of a total of $810 million in high-speed rail funds in Wisconsin means the promise of thousands of new jobs will not be realized.

1 of 6
BACKNEXT
$1.2 billion in rail funds goes to other states
In Watertown, Wisconsin, Mayor Ron Krueger stands at the spot where a proposed train station was to be built and looks down the track for a high-speed train that will never arrive.

The U.S. Transportation Department took a combined $1.2 billion in funding for high-speed rail away from Wisconsin and Ohio and redirected it to 13 other states.

The federally funded project was canceled this month thanks to a difference of opinion between the Transportation Secretary and Wisconsin's Republican governor-elect. Proponents of high-speed rail claimed it would result in economic growth but the governor-elect said the state would be left with the bill for annual operating costs.

NEXT: Boosting commerical rail traffic
Last updated December 16 2010: 4:36 PM ET
More Galleries
This Indian university cranks out top-tier tech execs Many graduates from the Indian Institute of Technology have gone on to start and lead global tech companies. Here are a few of the most notable alums. More
Most valuable American car up for auction Carroll Shelby's own very first Shelby Cobra will be sold in August. It's almost certain to be the most valuable American car ever sold. More
Kilts business wants to end "tyranny of trousers" for men Utilikilts founder Steven Villegas wants utility kilts to replace pants as mainstream menswear. More

Special Offer