$2.3B in federal high-speed funds on way 

Since his health care reform seems doomed, President Barack Obama is turning his attention to national transportation -- and California's high-speed rail project is one of the beneficiaries.

Obama will announce today that 13 rail corridors in 31 states are recipients of $8 billion in grants from the White House.

Of that total, California will get $2.3 billion for the 800-mile project that will connect Sacramento to San Francisco to Los Angeles.
The only current high-speed rail line in the nation is Amtrak's Acela line between Boston and Washington, D.C.

California's project is the only one in which train speeds will surpass 200 mph.

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