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Obama announced plan for high-speed rail line

President Obama announced Thursday that $8 billion of federal stimulus money will be allocated to building a high-speed rail system.

Ten lines were chosen as high-priority projects and included a nine-state Midwestern network that will look around a rail hub in Chicago, said the
Chicago Tribune.

The funding will also include an additional $1 billion annually given to states for five years to improve passenger rail.

"High-speed rail is long overdue, and this plan lets American travelers know that they are not doomed to a future of long lines at the airports or jammed cars on the highways," Obama said to the Los Angeles Times. "There's no reason why we can't do this."

Trains passing through Chicago could be up and running as soon as 2012 to 2014. These lines would connect with Milwaukee and Madison, Wis., on one corridor and Detroit and Pontiac, Mich., on another. Later, routes connecting the Minneapolis-St. Paul area, Indianapolis, Cleveland, Cincinnati, Kansas City and Louisville would be added.

Outside of the Midwest, high-speed lines in Florida, Texas and the Pacific Northwest are being considered.