EDITION: Thursday, October 22, 2009 -- 12:44 PM

1. TRANSPORTATION:

High-speed rail effort proceeds with caution

President Obama billed the $8 billion in stimulus funds for high-speed rail as the "first step" toward a nationwide system of European-style bullet trains linking the nation's largest cities. But now his administration must take the second step: figuring out how and where to spend the cash among more than $50 billion worth of proposals from across the country. Go to story #1

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