At the end of April, the Transit Costs Project released a report: it’s called How to Build High-Speed Rail on the Northeast Corridor. As the name suggests, the authors of the report had a simple goal: the stretch of the US from DC and Baltimore through Philadelphia to New York and up to Boston, the densest stretch of the country. It’s an ideal location for high-speed rail. How could you actually build it — trains that get you from DC to NYC in two hours, or NYC to Boston in two hours — without breaking the bank?

That last part is pretty important. The authors think you could do it for under $20 billion dollars. That’s a lot of money, but it’s about five times less than the budget Amtrak says it would require. What’s the difference? How is it that when Amtrak gets asked to price out high-speed rail, it gives a quote that much higher?

We brought in Alon Levy, transit guru and the lead author of the report, to answer the question, and to explain a bunch of transit facts to a layman like me. Is this project actually technically feasible? And, if it is, could it actually work politically?

* How to cut time off the Northeast Corridor

* Operations coordination as a time-saver

* The move away from the Mad Men commuter

* Was our episode on the Green Line extension wrong?

The full transcript for this conversation is at www.statecraft.pub.

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