This actually came up last week during the Texas High Speed Rail Corporation board meeting and the National Intermodal Steering Committees joint meeting in Little Rock. It was the consensus opinion that waiting till after the midterm elections would be a mistake and that the Oberstar process was to be preferred.
The Washington Post has the latest developments.
After rejecting criticism that it is taking on too much, the Obama administration has identified one area where ambitious reforms will have to wait: overhauling the nation’s aging, congested and carbon-emitting transportation system.
You may wish to scroll down to the reports frm last week for for some background.