Obama Touts High Speed Rail

President Obama today unveiled his plans to grow the U.S.'s network of high speed rail lines and improve train travel. Mr. Obama said that by investing $8 billion in stimulus funding to expand high speed rail lines, America will create jobs and reduce pollution. Mr. Obama labeled the plans a "new foundation for our lasting prosperity."

For CBS News article click here.

For video and full transcript click here.

For official statement click here.