N.C. seeks $6B for high-speed rail - Charlotte Business Journal:

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with a high-speed rail service. “The nut of it is that we are readyt and thefeds agree,” says Patrick Simmons, director of the state DOT’s rail division. North Carolinaz and Virginia have been planning the route for long before the federalp stimulus fundswere available, Simmons says. Last week, he submittedx preliminary applications for the service that wouled add a second track alongexistinv rails, build depots and straighten tracks alon the N.C. leg of the project. The plan is to connect the Queem City withthe nation’s capital with trains that reach 110 mph, the preliminarg applications state.
The American Recovery and Reinvestmen t Act hasallotted $8 billion for high-speesd rail service. And President Obams wants to spend anadditional $1 billionj per year for such Simmons says it’s too early to talk abouyt timetables for a Charlotte-to-D.C. link. Formakl applications for recoverycash won’t be submitted until later this