Pursuits

Senate Panel Omits Spending for Obama’s High-Speed Rail Program

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President Barack Obama’s high-speed passenger rail initiative may be unfunded next year after a panel controlled by fellow Democrats approved legislation that contains no money for the program.

The Senate Appropriations subcommittee that sets the Transportation Department’s budget approved the spending plan yesterday, said John Bray, a spokesman for the panel. The full committee is scheduled to consider the bill today.