The City of Chicago and Governors in eight states, including Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin, signed an agreement to develop high-speed rail service across the Midwest today.

The plan is to create a Chicago transportation hub with 110-mile-per-hour high-speed corridors to St. Louis, Detroit, Milwaukee and Minneapolis.  

The Governors said that the high-speed rail system will be a boost to the economy and create thousands of jobs.

The funding for this project will come out of the Obama administration’s American Recovery and Reinvestment Act.

{VignetteMedia id=”F7606000E6E29A0D3D79FA7BB5B32B44″ autoplay=”on” aspectratio=”1.33″ assettitl=”High-speed+rail+agreement” width=”375″ height=”281″ }