By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
The two biggest players in the nation's pursuit of high-speed rail said Thursday they will work together to search for trains that will operate at up to 220 miles per hour along both U.S. coasts.
A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.
Mr. Morales said the high-speed line that would serve California has much in common with Amtrak's Northeast Corridor in terms of population, traffic congestion and economic output.
Amtrak, California to collaborate on coastal high-speed rail lines →
"By combining our buying power, potentially, we can drive the market in a way that we can't if we purchase separately," said Jeff Morales, CEO of the California High-Speed Rail Authority.
Amtrak, California to collaborate on coastal high-speed rail lines →
