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Lawmakers eye national high-speed rail proposal [Video]

WASHINGTON (NEXSTAR) — High-speed rail could get support from Congress in the future. Some lawmakers are pushing to invest billions of dollars to get faster trains to operate in different parts of the country.

Bullet trains and high-speed rail are popular and highly effective modes of transportation throughout Europe and Asia.

“We’re behind the rest of the world by a lot, but we can catch up with this bill,” Rep. Seth Moulton (D-Mass.) said.

Moulton has introduced a bill that would invest more than $200 billion over five years into high-speed rail.

“It’s really a way to rebuild America, to reconnect America,” Moulton said.

The plan would grant a total of $40 billion a year, split between the states and regions that show they could use the money most effectively.

Moulton says his plan would help create more than two million jobs.

“It’s a safer investment for your taxpayer dollars …

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National Business and Economy News

Stocks finish higher as Apple, Tesla shares jump | REUTERS [Video]

US stocks ended higher, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week. #News #business #federalreserve #Reuters #Newsfeed Read the story here: https://reut.rs/49XXiC4 👉 Subscribe: http://smarturl.it/reuterssubscribeKeep up with the latest news from around the world: https://www.reuters.com/Follow Reuters on Facebook: https://www.facebook.com/ReutersFollow Reuters on Twitter: https://twitter.com/ReutersFollow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en