Demand for federal high-speed rail funds has once again exceeded supply, as the Federal Railroad Administration confirmed this week that 23 states flooded it with a$137 million of applications for proposed projects.

That figure is almost three times the $50 million that Congress appropriated for fiscal 2010 to the FRA to distribute to states for planning work on proposed high-speed or intercity passenger rail expansions and new projects. The grants require at least a 20% match from states and localities.

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