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Amtrak Sets $118 Billion Cost on High-Speed Rail Route

Amtrak, the U.S. long-distance passenger railroad, estimated that building a high-speed train link between Washington and Boston to cut the travel time in half will cost $118 billion over 25 years.

Chief Executive Officer Joseph Boardman released a report in Philadelphia today on the proposed service, a three-hour trip from Boston to Washington. The Acela, Amtrak’s fastest train, travels between the cities in six hours.