In cities and towns across the country, rail investments lead to more jobs, increased private sector buy-in, and better infrastructure for everyone. It’s a true win-win-win situation. And to fully realize the potential for rail in America, we must continue investing federal resources and leveraging them with our public and private sector partners.
That's the essence of what I said at a House Committee on Transportation and Infrastructure hearing on Innovative Rail Financing earlier this week. Funding the passenger rail investments America needs is an important challenge; fortunately DOT has a lot to build on.