From the CNN article "For American high-speed rail, 2020 could be a turning point":
High-speed rail advocates say that 2020 may be a turning point for US high-speed rail development, which has long lagged other developed nations....In the Pacific Northwest, a project to connect Portland, Seattle and Vancouver with one-hour trips, has drawn an investment from Microsoft to study the feasibility.
The just-released state study of the feasibility of returning passenger rail service to the Yakima Valley and Stampede Pass shows that cross-state service is financially and technically feasible. This project will be an important component of the much-needed economic recovery, which will benefit both large and small population centers. The next steps will be to improve Cascades and cross-state service by increasing frequencies and upgrading the existing infrastructure and equipment to emerging high-speed rail standards. This will create an integrated, statewide network that will feed the planned "ultra-high-speed" rail network envisioned to serve the urban spine of Western Washington.