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Florida's John Mica pans White House plan to spend $53 billion on high speed rail

Vice President Joe Biden today announced plans to put up $53 billion over the next 6 years for construction of a national high-speed and intercity passenger rail network.

Biden said the plan will allow transportation officials -- "in partnership with states, freight rail, and private companies – to identify corridors for the construction of world-class high-speed rail, while raising speeds on existing rail lines and providing crucial planning and resources to communities who want to join the national high-speed rail network."

But Mica, the Orlando area Republican who chairs the House Transportation Committee, said he's skeptical.

"Rather than focusing on the Northeast Corridor, the most congested corridor in the nation and the only corridor owned by the federal government, the Administration continues to squander limited taxpayer dollars on marginal projects," Mica said.