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

Search for Jobs

More Galleries
The 10 best states for retirees It might be worth moving to a new place to find your dream retirement home. Check out these 10 states. More
A look at Sears through the years Now Sears has officially said its business has an uncertain future, here's a look at photographs that documents the store's rich history. More
Coolest hotel bars for business travelers in 2017 CNNMoney asked a high-end concierge service for routine business travelers what hotel bars they'd recommend in 4 major U.S. cities. Here are the best spots. More

Special Offer