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In Barack Obama's 2011 State of the Union speech, he introduced a national high-speed rail initiative that 80 percent of America's population would have access to by 2036.

Today, Vice President Joe Biden formally announced the first step towards that ambitious goal with a six-year plan that will see over $53 billion go towards the country's rail industry. The national high-speed rail initiative is a monumental boost to the country's infrastructure and is expected to generate thousands of jobs while vastly improving the country's existing rail lines and efficiency.