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
$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
Where Millennials are buying homes Here are the top 10 markets where Millennials represented large shares of mortgages, according to Realtor.com More
Ralph Lauren's many looks A look at his brands and iconic creations More
8 biggest job killing companies of 2015 Whole Foods became the latest corporate giant to lay off workers. Here's a look at the companies that have announced the most jobs cuts this year. More

Special Offer